Small factories with tiny profit margins have played a central role in China’s international competitiveness. Many could now face disaster.
Category: Factories and Manufacturing
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Canada Will Use Its Retaliatory Tariff Earnings to Aid Workers and Businesses
But exactly what the country will do remains unclear and the scale of the current disruption makes decision-making difficult.
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Companies See China as a Safe Harbor Amid Trump’s Tariffs
The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.
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Lesotho Has Few Options to Counter 50% U.S. Tariffs
In Lesotho, which makes denim that goes into U.S.-branded jeans, both the private sector and the government were weighing their next moves.
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For small Lesotho, there are few options for responding to large tariffs.
In Lesotho, which makes denim that goes into U.S.-branded jeans, both the private sector and the government were weighing their next moves.
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Trump’s Tariffs Will Pummel Asia. But One Country Sees Opportunity.
Factory-led economies are panicking about the steep new tariffs. Not the Philippines, which believes its role as a manufacturing alternative to China can expand.
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Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
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American Whiskey Distillers Brace for Trump’s 2nd Trade War
The already battered spirits industry will see its supply squeezed if tariffs raise import costs and other countries’ retaliation closes off export markets.
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Global Leaders Rush to Woo Trump, Hoping to Sway Him on Tariffs
Dozens of foreign governments were trying to appeal to the president to have steep tariffs rolled back, but the president and his advisers have indicated negotiations could be difficult.
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‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.
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Trump’s Tariffs Imperil the Fortunes of a Nissan Factory Town
Kanda, on Japan’s southern coast, grew in tandem with an auto plant that sends half of the cars it makes to the United States.
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Trump’s Next Tariffs Target Could be Foreign-Made Pharmaceuticals
President Trump wants to bring pharmaceutical manufacturing back to the United States. Experts warn that tariffs could result in shortages and higher prices for generic drugs.