An additional 10 per cent tariff on Chinese exporters is due at 1201 US Eastern time on Tuesday, February 4, 2025:
Extra Trump tariffs on China are due to hit in a little over 5 hoursUSD strength has crept back in as China tariff implementation time nearsTrump China tariffs - Trump says will talk with Xi “probably over the next 24 hours”The Financial Times is gated, but here is the link if you can access it:
In brief:
Chinese manufacturers say they will speed up efforts to move production to other countries to circumvent US tariffslocations including the Middle EastOther strategies include:
passing the cost to US customersseeking alternative markets This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Financial Times: China’s exporters to step up offshoring to beat Trump’s tariffs )
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