{"id":10445,"date":"2018-09-26T14:30:24","date_gmt":"2018-09-26T21:30:24","guid":{"rendered":"https:\/\/lapost.us\/?p=10445"},"modified":"2018-09-26T14:30:24","modified_gmt":"2018-09-26T21:30:24","slug":"us-tariff-policies-completely-wrong-us-entrepreneur","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=10445","title":{"rendered":"US tariff policies completely wrong: US entrepreneur"},"content":{"rendered":"<p>By Zhang Niansheng, Zhang Mengxu from People\u2019s Daily<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cThe US tariff policies are completely wrong,\u201d Curt Christian, founder and CEO of Home Furnishings Resource Group, inc. said during an interview with <em>People\u2019s Daily<\/em>, as Washington once again ramped up tariffs against imported Chinese products.<\/p>\n<p>&nbsp;<\/p>\n<p>All of the furniture imported by Christian\u2019s company is on the tariff list. \u201cIt was a very sad day for me, and I was astonished,\u201d he told <em>People\u2019s Daily<\/em>.<\/p>\n<p>&nbsp;<\/p>\n<p>Christian, coming from Nashville, Tennessee, started up a furniture company in Los Angeles in 1992. But due to high production cost, the company was closed in 2005 because its US-based production line lost the competition against imported furniture from Southeast Asia.<\/p>\n<p>&nbsp;<\/p>\n<p>After 5 years of exploration, Christian restarted his business and established a furniture design and assembling enterprise in Nashville, whose major business is to supply furniture for American schools and universities.<\/p>\n<p>&nbsp;<\/p>\n<p>He placed the designing department in the US and production base in China. Now his company ranks the second in the US in terms of school furniture.<\/p>\n<p>&nbsp;<\/p>\n<p>But the current escalation of the US tariff plan might bring bankruptcy to the businessman for a second time. He told <em>People\u2019s Daily<\/em> that it would totally destroy his business if the tariff went up to 25 percent from the next year.<\/p>\n<p>&nbsp;<\/p>\n<p>The man explained that it was impossible to reestablish a production line in other countries or to\u00a0 replace the cost-effective Chinese products with alternative ones in such a short time.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cChinese products feature low price, high quality, high production efficiency and high transportation speed,\u201d he noted, explaining that it was a result of Chinese factories\u2019 advanced production equipment and China\u2019s first-class infrastructure.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cThat\u2019s why I choose China as my major source of supply,\u201d he said.<\/p>\n<p>&nbsp;<\/p>\n<p>If the company gets shut down again, all Christian\u2019s efforts for his new undertaking would be in vain. Nearly 400 US employees would lose their jobs, and the government would see decreased fiscal revenue.<\/p>\n<p>&nbsp;<\/p>\n<p>In addition, the price rise of school furniture would also bring damage to the higher education system, as the students will finally pay the costs.<\/p>\n<p>&nbsp;<\/p>\n<p>Feeling confused by the tariff decision of the US government, he told <em>People\u2019s Daily<\/em> that his business had no relation with the issue of intellectual property rights, and the furniture they imported from China was not patented.<\/p>\n<p>\u201cWe design our products in the US, and our Chinese partners never have requested us to transfer the intellectual property rights,\u201d he said. The tariff rise would put many US companies to death, and cause mass unemployment and bankruptcy of US households, he added.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cWe work hard every day to offer the best furniture for schools,\u201d Christian said, adding that it would be a heavy blow for himself, and an irony for all the hardworking Americans if they get bankrupt and laid off due to the tariff.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Zhang Niansheng, Zhang Mengxu from&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-10445","post","type-post","status-publish","format-standard","hentry","category-u-s-a"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/10445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10445"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/10445\/revisions"}],"predecessor-version":[{"id":10446,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/10445\/revisions\/10446"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}