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Many companies have been trusting China, hoping to exacerbate the influence of the US penalty, since the first period of President Donald Trump. Then his recent “mutual” tariffs came together.
Trump leaves companies and decided where and how it violates these diversification plans to apply tariffs to apply tariffs.
Illinois-Canieware CEO Director-General Steve Greenspon, Bal-Can-do International, Trump’s first presidential term began to take more than China’s production. The company helps retailers such as coat fixtures, coat hangers and laundry, for example retailers Diamatic, Target and Amazon.
The company rely on Chinese suppliers for 70% of the products before the first cycle of Trump. This share has dropped since it fell in three thirds like Vietnamese and Taiwan.
The news of high tariffs on Taiwan and Vietnam was given to Greenspon’s significant investment.
“This is wrapped in our company. It is disappointed. I’m sad. It’s nervous,” said Greenspon.
“As a company located in the United States, it is incredibly frustrated that our government is doing us,” he said, “he said, not a choice for high labor costs and the necessary infrastructure.
Tariffs will force only the business to receive higher prices than consumers, as a result, these products have given a lower competitive price.
Trump’s Trade War with China his first period Many of many producers have burned a strategy that has been part of China from China to parts of China to other Asian countries with low labor costs and other Asian risks from the United States
However, after the latest announcement of Trump’s extensive tariff regime – a minimum of 10% initial tariff and higher tariffs on a certain Asian economy – “China plus one” adhesive firms may be forced to re-evaluate options.
“China plus one” strategy at the University of CNBEL Related to every Trump’s trade partner, covering Each Trade Partner, “Eswar Prasad, International Trade and Economy Prof.
“The vitality of the retreat and reconstructed supply chains with countries such as Vietnam and India, which has more constructive trade relations, was shaken by the latest rounds of tariffs,” he said.
India and Vietnam, especially the two basic beneficiaries of the fact that it was especially from China Clothing and consumer electronics sectors. For example American Tech has been a giant Apple Produces more Products in both countries.
Import from India, Vietnamese and Taiwan is already multiplied 26%, 46% and 32%, respectively with total dials. 104% of the penalty in China on Wednesday also came into force.
According to Prasad, high-level tariffs in import from China from China to import from the United States are still superior to routing chains through countries subject to relatively tariffs.
“However, all logic has been reduced by tariffs, as a tool to reduce costs of global supply chains and increase efficiency,” he said.
Variable place
Economic and supply experts, the sincerity of Trump’s tariff sincerity remains uncertain, many must be reduced to the negotiations between Trump leadership.
Daniel Newman and Chief Analyst, CNBC’s technological research company, CNBC’s CNBC will be held in the present forms of tariffs and will be made with trading partners such as “more fair trade deals”, and will be made with trading partners of China-US.
There are opportunities Vietnam and India We intend to exchange trade with Trump. However, uncertainty covers these talks creates a dilemma for companies.
“In recent decades, problematic and present uncertainty, I have spoke of several CEOs and business leaders who said,” he said, “he said.
According to Newman, the enterprises affected by the tariffs will work diligently with supply chain groups to determine the correct softening strategy. However, if the tariffs remain in their current forms, some Chinese and an investment in an investment has been wasted. ”
Wait and see?
As trading talks begin, many companies are waiting before changing any production plan.
“I think they will wait for how things will be. The countries are trying to deal with Trump, including Vietnam, but it is a reduction of companies, but the international business company in strategic and international research, he said.
If these bilateral negotiations fail, companies will be forced to consider long-term tariff arbitration to countries with low-term transfer to countries with low tariffs, the chains of supply to countries with low tariffs.
According to Trump management, tariffs are part of a plan for a massive revival of US production. Some experts told CNBC that a certain amount of carserv and investment in the United States will probably occur in certain areas.
“Facing tariffs and other trade restrictions is a highly vague and changing view, the corporations are likely to emphasize the effectiveness of supply chains,” said Prasad.
“This can be highly changed to the countries, as well as the countries, as well as US geopolitical allies, as well as the United States are seen as the geopolitical allies,” he said.
However, the moving production can be a long, capital intensive process for many supply chains, especially in high-tech areas.
For example, Apple’s partner foxconn has taken several years to start producing advanced iPhones and factories in India It was reported to have something encountered many struggles.
“Factories installed once in factories, these factories are not easily or immediately … These factories are several years to take to another,” said Artur Dong, Georgetown University’s strategy and professor of the University of Georgetown.
In addition, depending on the industry, shifts in shifts, companies in shifts, companies, such as supply chains, infrastructure, infrastructure, regulatory and management quality and price quality and cost, are limited by various factors.
Such factors said that Dong, Dong, some can choose to qualify for supply chains for the supply chains in the US policy in the upcoming intermediate elections.
