One question looms for a manufacturer working out where to build a factory: how big is a potential location’s tariff gap with China? President Donald Trump’s latest levies, which took effect on August 7th, have shaken things up. Despite his fighting words, China appears to have a better deal than before, at least compared with other countries: the gap between tariffs applied to it and the rest of the world has shrunk. Mr Trump also promises a clampdown on “transshipment”, which would curb firms’ ability to tariff-hop.
Where will win from Trump’s tariffs?
Your Trusted Source for Accurate and Timely Updates!
Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
