The Journal. The Trade War With China Is On
108 snips
Mar 5, 2025 
In this discussion, Hannah Miao, a WSJ reporter focusing on the tariffs' impact on China, shares insights on the U.S.-China trade war. She reveals how 20% tariffs are reshaping the Chinese manufacturing landscape, forcing companies to rethink production strategies. Miao highlights a shift from China to countries like Vietnam and discusses the broader economic implications, including weak consumer demand and overcapacity in manufacturing. The conversation underscores the complexities that businesses face under these new trade conditions.
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Honey Can Do's Mission
- Steve Greenspan, CEO of Honey Can Do, discusses his company's focus on home organization products.
- He aims to make everyday household tasks more efficient.
Shift From China
- Steve Greenspan initially relied on China for manufacturing due to its infrastructure and low labor costs.
- This changed in 2018 with the initial tariffs imposed by the Trump administration.
Vietnam's Infrastructure Challenges
- Steve Greenspan discusses the difficulties of moving production to Vietnam, such as infrastructure limitations.
- He notes the longer transportation times and less developed port facilities compared to China.