NYTIMES (Alexandra Stevenson and Ana Swanson) - Trump’s Tariffs Are Sending Some Companies Back to China
For some U.S. brands seeking a location for their factories, the economic logic is once again pointing to China.
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For some U.S. brands seeking a location for their factories, the economic logic is once again pointing to China.
Prominent U.S. executives from Big Tech and other industries will join Trump on his trip to China.
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He made his company a juggernaut, but he did so by risking America’s economic and political security.
'no longer protects small manufacturers'
Trump previously issued an executive order requiring that pharmaceutical companies grant "most favored nation" status to the U.S. and not charge Americans more for prescription drugs that consumers in other countries.
Tariffs have protected some companies, but more often they’ve hit the parts and materials many factories need to make finished goods.