After the Trump administration put a new 10% tariff on Chinese products earlier this month, Agilian Technology, an electronics manufacturer in China, pressed forward with its plan to avoid additional levies.
In the run-up to last year’s election, Agilian grew worried that the U.S. would introduce new tariffs if Donald Trump returned to the White House, and one of its key customers asked it to devise a contingency plan for such a scenario. Soon after, an executive from the company visited a factory in Malaysia to explore moving some production there.
Now the 10% levy—along with the threat of more to come—is forcing Agilian to quickly set up production in the country, with the goal of sending its first goods to the U.S. in the spring.
Read more in the Wall Street Journal here.
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