Chinese firms race to open US factories to avoid sky-high tariffs
a year ago
- #trade war
- #manufacturing
- #tariffs
- Chinese exporters are establishing US factories to avoid high tariffs.
- Ryan Zhou, a novelty gifts manufacturer, is opening a factory in Dallas, Texas.
- Zhou works long hours to set up the facility, facing logistical and visa challenges.
- The US market represents 95% of Zhou's orders, making it essential for his business.
- Chinese manufacturers across various sectors are moving production to the US to mitigate trade war impacts.