President-elect Donald Trump’s proposed tariffs have already begun to upend businesses in several industries and many are taking action to safeguard their profits. The tariffs, which include a 10-20% tax on all imports and a potential 60-100% on goods from China, are causing significant concern – and the costs are likely coming right to consumers' wallets. Don't Miss: This Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro and Sweet
I don’t think we will see much manufacturing returned to the US. We will see companies swap their outsource country to other SEA countries and still raise prices pretending manufacturing costs went way up.
I don’t think we will see much manufacturing returned to the US. We will see companies swap their outsource country to other SEA countries and still raise prices pretending manufacturing costs went way up.