Financial Times: China’s exporters to step up offshoring to beat Trump’s tariffs ...Middle East

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Financial Times: China’s exporters to step up offshoring to beat Trump’s tariffs

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:

    China's exporters to step up offshoring

    In brief:

    Chinese manufacturers say they will speed up efforts to move production to other countries to circumvent US tariffslocations including the Middle East

    Other strategies include:

    passing the cost to US customersseeking alternative markets This article was written by Eamonn Sheridan at www.forexlive.com.

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