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Chinese exporters scramble to cope with Trump tariff hike

AP  |  Beijing 

Chinese exporters of goods from to motorcycle parts are scrambling to insulate themselves from US Donald Trump's proposed tariff hike.

They are weighing plans to rush shipments to American customers ahead of the increase, raise prices or find other markets. Some are looking at shipping goods through other countries to hide their Chinese origin.

Some companies are looking at ways to hide their Chinese origin by shipping goods through other countries.

Trump says higher duties on USD 50 billion of Chinese goods would punish for stealing or pressuring foreign companies to hand over

The plan targets goods U.S. officials say benefit from improper Chinese policies including machinery, industrial components, aerospace, telecoms and other technology.

The potential costs are alarming for exporters dependent on the US market.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 14:25 IST