South China Morning Post on Nostr: Opinion | Why China’s supply chains face threats beyond Trump tariffs ========== ...
Opinion | Why China’s supply chains face threats beyond Trump tariffs
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China has reoriented its supply chains to reduce dependence on the US; On January 20, 2025, Trump announced the creation of the External Revenue Service to collect tariffs; Trump vowed to impose tariffs as high as 60% on Chinese imports; Most Chinese goods likely to see tariffs of about 20%; Trump threatened an additional 10% tariff on Chinese goods for enabling fentanyl flow; China has strengthened trade relations with Southeast Asia, Middle East, Africa, and Latin America; Thailand attracted over US$1.4 billion from Chinese carmakers; Geely plans to invest US$10 billion in Malaysia for an auto-making hub; Chinese inputs integrated into products sold worldwide without 'Made in China' labels.
#China #Us #Tariffs #SupplyChains #TradeRelations #BeltAndRoadInitiative #Investment #Economy #Trump #Fentanyl
https://www.scmp.com/opinion/china-opinion/article/3296161/why-chinas-supply-chains-face-threats-beyond-trump-tariffs
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China has reoriented its supply chains to reduce dependence on the US; On January 20, 2025, Trump announced the creation of the External Revenue Service to collect tariffs; Trump vowed to impose tariffs as high as 60% on Chinese imports; Most Chinese goods likely to see tariffs of about 20%; Trump threatened an additional 10% tariff on Chinese goods for enabling fentanyl flow; China has strengthened trade relations with Southeast Asia, Middle East, Africa, and Latin America; Thailand attracted over US$1.4 billion from Chinese carmakers; Geely plans to invest US$10 billion in Malaysia for an auto-making hub; Chinese inputs integrated into products sold worldwide without 'Made in China' labels.
#China #Us #Tariffs #SupplyChains #TradeRelations #BeltAndRoadInitiative #Investment #Economy #Trump #Fentanyl
https://www.scmp.com/opinion/china-opinion/article/3296161/why-chinas-supply-chains-face-threats-beyond-trump-tariffs