Chinese Businesses React to Trump’s Tariffs

Chinese businesses are cutting prices and moving operations out of China to avoid U.S. tariffs.
Chinese Businesses React to Trump’s Tariffs
An employee checks a laser cutting machine, to be sold to automotive manufacturers for the production of electric vehicles, at a facility in Wuhan, Hubei Province, China, on June 12, 2023. AFP via Getty Images
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Commentary

Chinese businesses had begun to react to the Trump administration’s tariff threats even before they came into force.

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Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”