The US-China trade war was supposed to save American industry, but it is forcing companies to look overseas

//The US-China trade war was supposed to save American industry, but it is forcing companies to look overseas

The US-China trade war was supposed to save American industry, but it is forcing companies to look overseas

They were supposed to bring manufacturing jobs back to the United States, but trade war tariffs on China are causing some American companies to consider moving factories overseas, while others may be forced to make job cuts due to rising costs.Bumble Bee Seafoods was founded in 1899 by American fishermen who caught, processed and canned fish before selling to a burgeoning US consumer market.And 120 years later, the company maintains a tuna cannery in California and a clam processing plant in…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-03-01T13:32:27+00:00 March 1st, 2019|Business|Comments Off on The US-China trade war was supposed to save American industry, but it is forcing companies to look overseas