Tag Archives: China factories

With new 40% tariff on transshipments, Trump takes aim at US dependence on China’s factories – Times of India

With new 40% tariff on transshipments, Trump takes aim at US dependence on China’s factories – Times of India

Ever since President Trump began raising tariffs on goods from China during his first term, Chinese companies have raced to set up warehouses and factories in Southeast Asia, Mexico and elsewhere to bypass US tariffs with indirect shipments to the American market via other countries. But on Thursday, Trump took aim at all indirect American imports, which he blames for …

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