AMERICAN businesses, from technology startups to large corporations, say they cannot quickly upend their supply chains and stop doing business in China.
President Trump tweeted Friday that he “hereby ordered” U.S. companies to explore relocating operations out of China and that he would raise existing and planned tariffs on Chinese goods by 5 percentage points.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!