Trump’s Tariffs Set to Impact Global Economy More Than China

President Donald Trump claims China is paying his tariffs; furniture salesman Mack Yuan in the east-coast commercial heartland of Zhejiang begs to differ.

“We don’t pay any tariffs,” says Yuan, whose company Dakang Holdings Co. sells about half its products to the U.S., including to Walmart Inc. and Costco Wholesale Corp.

Yuan’s confidence is embodied in the novel designs of the company’s gaming and office chairs — products that U.S. buyers can’t easily replace. U.S. sales are unaffected and Walmart has raised the price of their products almost 10%,

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