The Journal.
The Trade War With China Is On
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.
19:19
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The imposition of tariffs has prompted many companies, like Honey Can Do, to relocate production to countries such as Vietnam, creating significant operational challenges due to infrastructure deficiencies.
- Manufacturers face growing uncertainty over U.S. trade policies, leading to anxiety about potential future tariffs and their impacts on relocated operations and overall economic stability.
Deep dives
Impact of Tariffs on Production
The recent imposition of tariffs by the U.S. government, particularly those targeting Chinese imports, has forced many companies to reconsider their manufacturing strategies. Many businesses are now moving production out of China to countries like Cambodia, Vietnam, and Thailand to avoid increased costs associated with the tariffs. For instance, Steve Greenspan, CEO of Honey Can Do, mentioned that his company is significantly shifting operations to Vietnam, which involves substantial investments and the challenge of building new manufacturing infrastructure. This transition not only seeks to circumvent tariffs but also indicates a broader trend among manufacturers grappling with the uncertainties created by U.S.-China trade tensions.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
