Trump tariffs are coming, but some Chinese companies may already know how to avoid them (www.theguardian.com)

submitted 5 hours ago by MicroWave@lemmy.world to c/world@lemmy.world

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Summary

Chinese solar companies, which control over 80% of the global solar market, have long avoided U.S. duties by shifting production to Southeast Asia.

Over 80% of U.S. solar imports now come from nations like Malaysia and Vietnam, but new U.S. tariffs are expanding to these regions.

In response, Chinese firms are exploring manufacturing in the Middle East.

Analysts say such measures expose the challenges of reducing U.S. reliance on China’s solar supply chain.

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[-] HubertManne@moist.catsweat.com 2 points 1 hour ago

This is a funny thing in that I actually like the idea of tariffs but using democracy, human rights, median income, and such for each country. Countries that pay to little and are non demorcratic and don't allow for various rights would have big tarriffs and ones with all those things would have like zero. So zero for europe and canada and such but very large ones for saudi arabia and such.

[-] SlopppyEngineer@lemmy.world 7 points 2 hours ago

The maga peeps that say sanctions against Russia don't work and then turn around to sanction themselves.

[-] solsangraal@lemmy.zip 32 points 4 hours ago

and when broke uneducated magas start complaining that the thing they used to get at walmart for $10 is now $25, they'll be told to blame the mexicans, and that's exactly what they'll do

[-] Zachariah@lemmy.world 5 points 4 hours ago

win-win

[-] Reverendender@sh.itjust.works 8 points 3 hours ago* (last edited 3 hours ago)

Move some manufacturing to Africa, maybe? Seems like that would be in-line with China's goals, and would bring some much needed industry and jobs. (I can't believe I'm rooting for China right now)

[-] disguy_ovahea@lemmy.world 5 points 4 hours ago* (last edited 3 hours ago)

So China is able to turn the tariffs around to impact US businesses more than Chinese.

China will relocate consumer-ready production to other nations to avoid the price hike of the tariffs. The Chinese-manufactured textiles, plastics, and components used in domestic products will still be impacted by the tariffs, resulting in increased cost of domestically produced products using Chinese materials.

[-] xpinchx@lemmy.world 4 points 1 hour ago

I work in ecomm and our factory had been exploring Mexico but settled on Vietnam, they're in the process of moving key people over there now. I imagine most others are doing similar, tariffs were bad enough as is.

this post was submitted on 20 Nov 2024

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