Donald Trump’s 60% Tariff Threat Pushes US, Taiwanese Companies Out of China | Firstpost AmericaSeveral American companies are planning to shift their production out of China after President-elect Donald Trump’s win. The Republican leader, throughout his campaign, asserted that he would impose a 60 per cent to 100 per cent tariff on goods imported from China. Trump also said he would slap as much as 20 per cent tariff on other countries, including Mexico. US companies like Steve Madden say they will reduce their production in China and move their operations to nations like Vietnam and Cambodia. Meanwhile, Taiwan says it will also help its companies to move their production out of China. Beijing has responded to Trump’s tariff threats, saying this will not help Washington win a trade war.—US | Donald Trump | Tariff | Taiwan | China | Mexico | Steve Madden | Cambodia | Washington | Vietnam | Firstpost America | Eric Ham | War | Geopolitics | Global Economy | Firstpost | World News | Latest News | Global News | International News | Trending News#usa #trump #tariff #aiwan #china #mexico #stevemadden #cambodia #washington #vietnam #firstpostamerica #ericham #war #geopolitics #economy #firstpost #worldnews #latestnews #globalnews #internationalnews #trendingnews
