After a two-month tariff war, China and the United States issued a favorable tariff statement in a friendly and negotiated manner. According to the Sino-US Geneva Joint Statement, the two sides will reduce tariffs in stages, and the metal processing industry will benefit significantly:

The export tariffs of precision metal parts (such as CNC machined parts and sheet metal parts) to the United States have been reduced from an average of 15% to 9%, and some high value-added products (such as aerospace parts) have even been reduced to 7%. Once the news was released, the export market quickly recovered, and the customer groups that originally intended to go through Southeast Asian technical secondary schools quickly returned, and export orders are expected to increase by 20%-30%.

Under the favorable policy adjustment of the reduction of tariffs between China and the United States, American customers who have been waiting for a long time also responded quickly, actively negotiated, and accelerated the pace of purchasing customized metal parts from China. Kailai Machinery, as an industry-leading company that has been deeply engaged in precision metal processing for 29 years, has welcomed a large number of return orders from old customers with its reasonable prices and stable quality.

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