Significant progress has been made in the Sino-US trade war! On the morning of January 15th, local time, the signing ceremony of the first-stage economic and trade agreement between China and the United States was held in the East Room of the White House. The US tariffs on China products (including toy plastic pepper balls, precision plastic balls, hollow plastic balls, hollow plastic balls, etc.), which were originally scheduled to take effect on December 15th, 2019, will be postponed indefinitely. The two sides reached an agreement that the United States will fulfill its commitment to cancel tariffs on Chinese products in stages.
In the past 2019, the Sino-US trade war situation made the American toy plastic ball industry full of uncertainty, and the American Toy Association continued to appeal to the Trump administration: Join our fight against Trump's tariffs. Recently, Steve Pasierb, president and CEO of American toy plastic ball industry, reviewed the work in 2019 through ctoy-gdta and looked forward to the industry trend in 2020.