How Companies Are Mitigating Tariff Impacts to Their China Operations
New US tariffs and retaliatory tariffs from China have impacted US companies in China across sectors, but mitigation strategies vary. Nearly all firms are exploring further localizing their supply chains in China to build resilience to trade disruptions. Meanwhile, exemptions from China’s retaliatory tariffs on US imports are just starting to take shape, and the Chinese government has yet to announce an official point of contact for companies to make their case.