Whether President Trump is bluffing or stating his honest opinion that he is comfortable with permanent tariffs on Chinese goods, businesses are increasingly deciding they need to start planning for the tariffs to be around for a long time.
“In terms of moving supply chains away from China, we have many member companies who are currently taking a long, hard look at what that would mean, because you cannot simply move a supply chain from one country to another overnight,” said Kip Eideberg, vice president of public affairs for the Association of Equipment Manufacturers, whose members often source items from China.
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