Is the Trade War Causing Manufacturers to Leave China? Yes and No.
Manufacturers of labor-intensive products like apparel have already been looking elsewhere in Asia as labor costs continue to rise in China. China has not substantially increased market access for foreign investors in many sectors, causing foreign investment to slow or flatline in recent years. With lingering doubts about the worsening investment climate in China, the trade war is hastening decision-making that had already been underway.
TARIFF EXCLUSIONS
SPECIAL REPORT: U.S. firms have made over 30,000 requests to the Commerce Dept to be excluded from new steel and aluminum tariffs. Our exclusive maps show you which congressional districts are affected.
