US corporations plan for Trump China tariffs – stockpiling, elevating costs?, bailing out of China

The Wall Road Journal (gated) with the report. In all probability most fascinating, for China, are strikes to diversify provide chains away from the nation:

American companies are dusting off a playbook they used throughout Trump’s first time period:

• stocking up on imported items earlier than tariffs are enacted
• additionally contemplating how to deal with the levies if and when enacted—whether or not they may be capable to increase costs
• whether or not they might want to discover options to their Chinese language producers

The piece quotes an electronics producer in Guangdong province:

• firm has noticed a rise in inquiries and “noticeable unease” from its U.S. shoppers
• tariffs thus far haven’t affected gross sales considerably
• however that patrons find yourself absorbing the levies and generally elevating costs for his or her finish clients

Attention-grabbing instances!

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



Source link