How Companies Are Mitigating Tariff Impacts to Their China Operations

Key Takeaways

• The manufacturing, healthcare, and consumer goods sectors have been hit hard, with companies impacted immediately.
• Absent a reduction in tariffs, localizing and substituting components quickly will be key to weathering the storm.
• Certain products have been exempted from China’s retaliatory tariffs, and USCBC is calling for a more reliable and unified exemptions channel.