excalibur
Diamond Member
- Mar 19, 2015
- 24,735
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Oh? I thought Trump was losing the tariff "war"?
You mean the MSM and the body politic would lie ?
Shocking... Not.
A growing wave of Chinese manufacturers are packing up and moving to the United States under the weight of President Donald Trump’s tariffs on Chinese goods.
Trump’s tariffs have made it too expensive for many Chinese firms to export goods to the United States, forcing companies that once thrived on cheap labor in Asia to set up shop in places like Dallas, Houston, and Reno, according to the South China Morning Post (SCMP). For some, it’s the only way to stay in business.
The United States accounts for nearly 95% of our orders. It’s not a market we can afford to lose,” Ryan Zhou, who runs a novelty gift business in eastern China, said, as reported by the SCMP. Zhou is opening a new facility in Dallas next month as a result of a 90% tariff on Chinese shipments to the United States.
Zhu Ning, a consultant who advises Chinese firms on overseas expansion, says he’s handled more than 100 relocation inquiries in the last four months alone, a level of interest that was unheard of before Trump’s tariffs kicked in, per the SCMP.
These are not American companies coming back, but they are Chinese companies coming in to the United States for the first time. For years, they undercut American workers by exploiting loopholes and subsidies, leading to an influx of cheap goods and synthetic goods. Now they are scrambling to stay afloat.
“The goal is to survive — and stay competitive,” said Leo Li, who just opened a sensor module assembly plant in Nevada, Business Standard reported. “Our costs will rise, but not as much as they would with the tariffs.”
...
thelibertydaily.com
You mean the MSM and the body politic would lie ?
Shocking... Not.
A growing wave of Chinese manufacturers are packing up and moving to the United States under the weight of President Donald Trump’s tariffs on Chinese goods.
Trump’s tariffs have made it too expensive for many Chinese firms to export goods to the United States, forcing companies that once thrived on cheap labor in Asia to set up shop in places like Dallas, Houston, and Reno, according to the South China Morning Post (SCMP). For some, it’s the only way to stay in business.
The United States accounts for nearly 95% of our orders. It’s not a market we can afford to lose,” Ryan Zhou, who runs a novelty gift business in eastern China, said, as reported by the SCMP. Zhou is opening a new facility in Dallas next month as a result of a 90% tariff on Chinese shipments to the United States.
Zhu Ning, a consultant who advises Chinese firms on overseas expansion, says he’s handled more than 100 relocation inquiries in the last four months alone, a level of interest that was unheard of before Trump’s tariffs kicked in, per the SCMP.
These are not American companies coming back, but they are Chinese companies coming in to the United States for the first time. For years, they undercut American workers by exploiting loopholes and subsidies, leading to an influx of cheap goods and synthetic goods. Now they are scrambling to stay afloat.
“The goal is to survive — and stay competitive,” said Leo Li, who just opened a sensor module assembly plant in Nevada, Business Standard reported. “Our costs will rise, but not as much as they would with the tariffs.”
...
Chinese Companies Are Moving Their Manufacturing to the U.S. in Order to Avoid Trump's Tariffs - 🔔 The Liberty Daily
If you love the news, check out The Liberty Daily's homepage. (DCNF)—A growing wave of Chinese manufacturers are packing up and moving to the United States under the weight of President Donald Trump’s tariffs on Chinese goods. Trump’s tariffs have made it too expensive for many Chinese firms to...
thelibertydaily.com
