Trump's Tariffs Leave No Safe Harbor for American Importers
Briefly

Jacob Rothman, who has spent over two decades managing factories in China for his company Velong Enterprises, anticipated the deteriorating US-China business relationship and diversified his production by launching ventures in Vietnam, India, and Cambodia. However, he was blindsided by an unforeseen and sweeping array of tariffs affecting multiple nations, leaving him questioning what constitutes safety in production. Even with recent tariff pauses by the Biden administration, Rothman remains concerned about the potential for future geopolitical implications on Southeast Asia's economic landscape.
Even as Rothman prepares for the disruptions posed by geopolitical tensions and tariffs, he questions the very concept of a safe production base amidst uncertainty.
Jacob Rothman foresaw potential risks in US-China relations and diversified his manufacturing operations, yet an unexpected wave of tariffs still left him rattled and uncertain.
Read at www.nytimes.com
[
|
]