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Tariff pressure triggers Chinese companies' southbound shift — Lenovo, Haier expand India manufacturing

Staff reporter, Taipei; Levi Li, DIGITIMES Asia 0

Credit: AFP

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...

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