In a Storm of Tariffs, Many Companies See China as the Safest Harbor
In a Storm of Tariffs, Many Companies See China as the Safest Harbor
www.nytimes.com
In a Storm of Tariffs, Many Companies See China as the Safest Harbor
cross-posted from: https://lemm.ee/post/60846545
But for some companies, the so-called reciprocal tariffs have had the unexpected effect of making China an even more appealing place to produce in and buy from. It has eliminated some of the motivation to diversify production or sourcing to places like Vietnam, India or other Asian countries.
“Staying in China and making China work is everyone’s strategy right now,” said Travis Luther, founder of MOSO Pillow, a Denver-based maker of bedding made from bamboo fiber.
