Tariff pressure triggers China Inc.'s southbound shift — Lenovo, Haier relocate hubs to India

Digitimes
By Levi LiApr 21, 2025, 6:41 pm247 pts
With US-China trade tensions escalating, the Trump administration has hiked tariffs on Chinese imports to as high as 245%, sharply increasing pressure on Chinese exporters. In contrast, Indian goods entering the US still face a modest 10% tariff during the current grace period. This, combined with deepening…

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