print PRINT


Japanese firms to move assembly lines out of China to avoid U.S. sanctions

  • October 24, 2018
  • , Nikkei
  • JMH Summary

Nikkei led with an article saying that a number of Japanese companies have decided to shift their manufacturing plants from China to Mexico, Thailand, Malaysia, and other countries in response to high tariffs imposed on Chinese imports by the Trump administration. While noting that these enterprises have concluded that the “trade war” between the U.S. and China will become prolonged, the daily said even Chinese companies are inclined to move their assembly lines abroad to continue exporting to the U.S. market. It added that these corporations ongoing review of the siting of production platforms for U.S.-bound items may lead to the realignment of global supply chains.  

  • Ambassador
  • Ukraine
  • COVID-19
  • Trending Japan