Author Topic: US manufacturers moving production out of China  (Read 237 times)

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US manufacturers moving production out of China
« on: May 11, 2019, 08:15:09 PM »
Just in case any of you are sourcing your products for sale from China.
Latest stats show that 40% of sellers on Amazon have items that are sourced from China.
40%.

US manufacturers moving production out of China

The comments on this thread are well worth taking the time to read.

If you have a WSJ subscription check out the following article (or use outline.com to bypass paywall):

https://www.wsj.com/articles/can-this-marriage-be-saved-chinese-u-s-integration-frays-11557414600?mod=mhp

If you have a WSJ subscription check out the following article (or use outline.com to bypass paywall):

https://www.wsj.com/articles/can-this-marriage-be-saved-chinese-u-s-integration-frays-11557414600?mod=mhp

Snippet: Even if President Trump eventually lifts tariffs, multinationals will know they can be reimposed if tensions flare again.
And China could slap tariffs, too.
So to limit their exposure, many will shift assembly of U.S.-bound goods to third countries less exposed to protectionist threats.
In some cases, the uncertainties stemming from trade tensions were the final nudge for companies, already facing rising costs in China, to go elsewhere.

Camera maker GoPro is moving production for the U.S. market from China to Guadalajara, Mexico.
Shoemaker Steve Madden is moving production to Cambodia.
Taiwan-based Foxconn Technology Group is weighing assembling Apple Inc.’s iPhones in India, a huge emerging smartphone market.



  

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