Zoom Telephonics looks to Vietnam as US refuses all requests for China tariff exemption

Tuesday 12 November 2019 | 09:27 CET | News
Zoom Telephonics, a producer of cable modems and other communication products, said the US has denied all of its requests for China tariff exemptions. The requests were made citing the severe economic hard caused by the tariffs. The US Trade Representative (USTR)  did not provide any details for the refusals and Zoom is now reviewing its options. CEO Frank Manning said that while the news was not surprising, it was very disappointing. The company recently reported a third quarter loss of USD 200,000; without the China tariffs, the figure would have been in the black, at USD 800,000. 

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Categories: Fixed
Companies: Zoom Telephonics
Countries: World
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