Lates News

"US President Trump tries to attract domestic companies to leave China but the result is the opposite." The US "Political News Network" reported on August 31 with this headline that Trump promised during his campaign that his trade policy would facilitate the return of manufacturing from China to the US. However, many US companies operating in China are still choosing to stay put. The report said that six business leaders and industry groups admitted in interviews, "This is the least risky choice." They pointed out that Trump not only targets Beijing but also increases tariffs on most major manufacturing nations in the world. In addition, there is uncertainty about his future trade measures. These reasons have led them to choose to stay in China. (Global Network)"