Great example of how complicated it is to move a supply chain - 'You prepare for war': how one U.S. firm tried escaping Trump's China #tariffs https://t.co/R12pg1tTU5 #TariffsHurt
— Jon Gold (@JonGoldDC) August 21, 2019
'You prepare for war': how one U.S. firm tried escaping Trump's China tariffs https://t.co/b1HxGZm2dU
— Jennifer Ablan (@jennablan) August 21, 2019
'You prepare for war': how one U.S. firm tried escaping Trump's China tariffs - great story https://t.co/A7p1gDZFBc
— Finbarr Bermingham (@fbermingham) August 21, 2019
'You prepare for war': how one U.S. firm tried escaping Trump's China tariffs via @Reuters
— Sebastian Sienkiewicz (@Amdalleq) August 21, 2019
"Rising labor costs and tighter regulations in China had already led him to consider moving the business elsewhere in Asia. But the trade war forced his hand."https://t.co/QI2MheJQMT pic.twitter.com/jQB0zh9GrO
“Factory floors were emptying out as workers were laid off. Few owners had the expertise or resources to automate or find new export markets. Most were riding it out, hoping for #TradeDeal. They were “losing money every day,” Stuffs @XHNews not telling us https://t.co/rBEsqauhKy
— SCS_Disputes (@SCS_Disputes) August 21, 2019
Must-read on how US companies are able to move their supply chains from China without product costs rising. Key point: Trump's tariffs causing China's factory floors to "empty out" amid rising unemployment, and their exports will be "wiped out in 5 years." https://t.co/ruAYAZ2u4L pic.twitter.com/HK9u8ht4Ad
— Scott Ruesterholz (@Read_N_Learn) August 21, 2019
Most were riding it out, hoping for a trade deal. They were "losing money every day," she said.
— Linda Hill (@bulldoghill) August 21, 2019
"They believe that eventually it will all come back," Sloven said.
"I think within five years, it will all be gone," Peng replied. https://t.co/70Qf8ZwlMQ
Great story on one businessman’s struggle to move work from China to Thailand to try to escape Trump’s trade war tariffs. By @a_roantree with @MZaharia and @ReutersSriring https://t.co/Wouf6KerXy
— Matthew Tostevin (@TostevinM) August 21, 2019
Must-read for the day - Detailed, character-driven reporting from our Hong Kong and Thailand teams on the challenges of shifting a supply chain out of China: https://t.co/9CLauEptmm
— Jason Subler (@jsubler) August 21, 2019
'You prepare for war': how one U.S. firm tried escaping Trump's China tariffs https://t.co/59ms4BmTHO via @a_roantree
— Reuters China (@ReutersChina) August 21, 2019