As fresh US tariffs on Chinese imports kick in, Illinois-based phone accessories manufacturer Ben Buttolph has been urgently moving production to ...
The latest round of levies began on Sunday on about US$112 billion worth of Chinese goods, according to an analysis by the Peterson Institute for International Economics. The remaining portion of the tariffs are set to take effect on Dec 15.
"Chances are that it will never be the same in China. There were a lot of folks in the consumer electronic space who may have dragged their feet in terms of setting up relationships and getting the supply chain moved." "You also have to take into consideration the longer transit time. You go from Shanghai, where it's 10 or 12 days by vessel, to something coming out of India that's 30 days, so that's a disruption to your supply chain.
For international law firm Harris Bricken, which helps companies navigate working abroad, partner Dan Harris said the US tariffs on China have caused his business to"go crazy" as companies seek help to avoid tariffs - often by moving their production from China.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China, US to hold trade talks in October: China commerce ministry[BEIJING] China and the United States agreed to hold trade talks in early October in Washington, China's commerce ministry said on Thursday. Read more at The Business Times.
Read more »
US: Wall St opens lower as US-China trade tensions weigh[NEW YORK] US stocks fell broadly at the open on Tuesday, as Washington's new round of tariffs on some Chinese goods kicked in and after a report that officials from both sides were struggling to decide on the schedule for a meeting this month. Read more at The Business Times.
Read more »
US: Stocks tumble on tariffs, weak data[NEW YORK] Wall Street stocks tumbled on Tuesday as new tariffs in the US-China trade war took effect, while US data pointed to weakness in the manufacturing sector. Read more at The Business Times.
Read more »
US stocks tumble on tariffs, weak dataNEW YORK (AFP) - Wall Street stocks tumbled on Tuesday (Sept 3) as new tariffs in the US-China trade war took effect, while US data pointed to weakness in the manufacturing sector.. Read more at straitstimes.com.
Read more »
US stocks tumble on tariffs, weak dataNEW YORK: Wall Street stocks tumbled on Tuesday (Sep 3) as new tariffs in the US-China trade war took effect, while US data pointed to weakness in ...
Read more »
Wall St. opens lower as US-China trade tensions weighU.S. stock index futures fell on Tuesday, as Washington's new round of tariffs on some Chinese goods kicked in and after a report that officials ...
Read more »