In a significant shift towards adapting to changing trade policies, Luxshare, known for its assembly of iPhones and production of AirPods, is evaluating the possibility of moving part of its manufacturing operations from China to the U.S. or other countries. Chairwoman Wang Laichun revealed during an analysts' call that the company might delay further investments in China due to the impact of President Trump's recent tariffs, which stand at a steep 104%. Wang noted that if commercially viable options arise, Luxshare is open to localizing production to cater to the U.S. market. This move highlights the broader implications of Trump's tariff regime, which is prompting multinational corporations to rethink their supply chains and consider moving manufacturing closer to American consumers. A successful transition by Luxshare would signify a significant win for Trump's America First trade policy, indicating that even established Chinese manufacturers are feeling the pressure and adapting their strategies to maintain access to the lucrative U.S. market.
Luxshare Considers Shifting Production from China Amid Tariff Pressures
Luxshare Considers Shifting Production from China Amid Tariff Pressures
Luxshare, a key Apple supplier, is contemplating relocating some production to the U.S. in light of high tariffs on Chinese imports.
Luxshare Considers Shifting Production from China Amid Tariff Pressures
Luxshare, a key Apple supplier, is contemplating relocating some production to the U.S. in light of high tariffs on Chinese imports.
In a significant shift towards adapting to changing trade policies, Luxshare, known for its assembly of iPhones and production of AirPods, is evaluating the possibility of moving part of its manufacturing operations from China to the U.S. or other countries. Chairwoman Wang Laichun revealed during an analysts' call that the company might delay further investments in China due to the impact of President Trump's recent tariffs, which stand at a steep 104%. Wang noted that if commercially viable options arise, Luxshare is open to localizing production to cater to the U.S. market. This move highlights the broader implications of Trump's tariff regime, which is prompting multinational corporations to rethink their supply chains and consider moving manufacturing closer to American consumers. A successful transition by Luxshare would signify a significant win for Trump's America First trade policy, indicating that even established Chinese manufacturers are feeling the pressure and adapting their strategies to maintain access to the lucrative U.S. market.
Luxshare, a key Apple supplier, is contemplating relocating some production to the U.S. in light of high tariffs on Chinese imports.
In a significant shift towards adapting to changing trade policies, Luxshare, known for its assembly of iPhones and production of AirPods, is evaluating the possibility of moving part of its manufacturing operations from China to the U.S. or other countries. Chairwoman Wang Laichun revealed during an analysts' call that the company might delay further investments in China due to the impact of President Trump's recent tariffs, which stand at a steep 104%. Wang noted that if commercially viable options arise, Luxshare is open to localizing production to cater to the U.S. market. This move highlights the broader implications of Trump's tariff regime, which is prompting multinational corporations to rethink their supply chains and consider moving manufacturing closer to American consumers. A successful transition by Luxshare would signify a significant win for Trump's America First trade policy, indicating that even established Chinese manufacturers are feeling the pressure and adapting their strategies to maintain access to the lucrative U.S. market.
