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by andsoitis 438 days ago
More than half of factories in Cambodia are Chinese owned. The idea is to put pressure on China.
1 comments
mitthrowaway2 438 days ago
Pressure to move back to China where their tariff drops from 49% to 34%?

Over the past few years a lot of companies have moved production out of China and into friendlier countries like Vietnam, anticipating US pressure on China. Vietnam's tariff rate is 42%. Now they wish they'd left their production lines in China.

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graemep 437 days ago
> Pressure to move back to China where their tariff drops from 49% to 34%?

That assumes the tariffs will be imposed long term.

They are intended as a bargaining measure so some compromise will be reached. it is very likely that in the long run Vietnam will pay lower tariffs.

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andsoitis 437 days ago
> Pressure to move back to China where their tariff drops from 49% to 34%?

... and one day later, where are we? Trump is threatening China with an additional 50% unless they back down. China's response is that they will fight to the bitter end. https://www.theguardian.com/business/live/2025/apr/08/stock-...

Who will win this battle? Or will it be a war? Which philosophical worldview do you prefer?

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