A growing wave of Chinese manufacturers are packing up and moving to the United States under the weight of President Donald Trump’s tariffs on Chinese goods.
Trump’s tariffs have made it too expensive for many Chinese firms to export goods to the United States, forcing companies that once thrived on cheap labor in Asia to set up shop in places like Dallas, Houston, and Reno, according to the South China Morning Post (SCMP). For some, it’s the only way to stay in business.
“The United States accounts for nearly 95% of our orders. It’s not a market we can afford to lose,” Ryan Zhou, who runs a novelty gift business in eastern China, said, as reported by the SCMP. Zhou is opening a new facility in Dallas next month as a result of a 90% tariff on Chinese shipments to the United States.
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