According to Chief Financial Officer Peihing Tsai, the business sends 100 % of its goods to the US.
Because these three months will be very busy, Tsai said,” We are working overtime now and trying our best to encourage our staff.” The company has been able to dispatch more than 30 vessels in the last four days, which is the volume it typically submarines in a month.
In the upcoming month, President Donald Trump’s fresh tariffs are expected to cause prices to go up on clothing, mobile phones, furniture, and many other items. They had put an end to the age of cheap products that Americans had for about a quarter-century prior to the pandemic.
Tsai expressed his concern that marketers will leave the factory if tax rates exceed 10 %. However, he continued, there is no way for the company to relocate production to the United States because” the price is astronomical.”
In the end, he said, “our close users will be responsible for paying the increased rate.”