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US Firms Move Supply Chains Out of China, Explore Options Closer to Home
The Epoch Times ^ | 8/31/2020 | Emel Akan

Posted on 09/01/2020 7:29:50 AM PDT by Blood of Tyrants

WASHINGTON—The U.S.–China trade war and the COVID-19 pandemic have forced companies to reduce their excessive dependence on China as a single supplier.

U.S. brands have started to explore sourcing options closer to home, with Latin and South America gaining significant traction in recent months, according to a survey by Qima, a Hong Kong-based supply chain inspection company.

The survey conducted in July among more than 200 businesses around the world found that respondents are increasingly moving their sourcing away from China. Ninety-three percent of U.S. respondents reported that they had plans to further diversify their supply chains. Meanwhile, less than half of EU respondents had a similar strategy.

(Excerpt) Read more at theepochtimes.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; News/Current Events
KEYWORDS: asia; china; manufacturing; supply; trade; trump; winning
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This is why the globalists are fighting Trump so hard. And make no mistake, the riots in the streets are funded by the globalists and the Chicoms.
1 posted on 09/01/2020 7:29:50 AM PDT by Blood of Tyrants
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To: Blood of Tyrants

explore sourcing options closer to home, with Latin and South America gaining significant traction in recent months

************************************************************

Perhaps this could slow down their marches North to the US Southern border.


2 posted on 09/01/2020 7:31:58 AM PDT by qaz123
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To: Blood of Tyrants

This will not go unchallenged. China is not just gonna sit there and allow this to take place. Hold onto your britches ... rough ride ahead.


3 posted on 09/01/2020 7:32:08 AM PDT by George from New England
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To: George from New England

Unfortunately my stupid medicare won’t allow me to stock up on meds in advance of a shortage.


4 posted on 09/01/2020 7:33:00 AM PDT by George from New England
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To: Blood of Tyrants

Please president Trump..make Mexico great ! That’ll solve our illegal immigration problems!


5 posted on 09/01/2020 7:33:18 AM PDT by RoseofTexas
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To: Blood of Tyrants

And who is trying to influence our election the most: CHINA


6 posted on 09/01/2020 7:36:05 AM PDT by ealgeone
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To: Blood of Tyrants

Globalization is going out of style like bell bottoms!


7 posted on 09/01/2020 7:41:44 AM PDT by caww (Every politician should serve two terms...Only two terms!)
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To: RoseofTexas
The company I work for opened a new plant in Tijuana shortly after Mexico signed an agreement for Central American "refugees" to wait for their hearings south of the border.

My corporate report tells me that staffing is still in short supply even though Central Americans can get a job with the equivalent of an 8th grade education and a desire to work. Mexico will give them their equivalent of a green card since there are not enough locals to staff the jobs in Tijuana even with decent pay and benefits by Mexican standards.

Most of them still won't touch the jobs. Now, why do you suppose that is?

8 posted on 09/01/2020 7:43:13 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Vigilanteman

Because they are still hoping for the gate to open for free stuff in America?


9 posted on 09/01/2020 7:47:32 AM PDT by Blood of Tyrants (Where do you find the word "except" in the 2nd Amendment?)
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To: ealgeone

Biden must be immediately be investigated by the FBI and the CIA, FISA warrants must be issued because clearly China wants Biden to win. There must be COLLUSION!


10 posted on 09/01/2020 7:51:41 AM PDT by Almondjoy
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To: Blood of Tyrants

I could tell you what my corporate report tells me (even if he was born and raised in Mexico), but I would get called racist.


11 posted on 09/01/2020 7:52:14 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Blood of Tyrants

Winning!


12 posted on 09/01/2020 7:52:25 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Vigilanteman

You’ll get called a racist anyway.


13 posted on 09/01/2020 7:53:32 AM PDT by Blood of Tyrants (Where do you find the word "except" in the 2nd Amendment?)
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To: Blood of Tyrants

Okay, you win. He basically says they aren’t interested in working and earning; they are interested in mooching and looting.


14 posted on 09/01/2020 8:04:37 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: George from New England

“China is not just gonna sit there and allow this to take place”

I predict within a few years China is going to start nationalizing co’s like Tesla if this trend continues.


15 posted on 09/01/2020 8:07:22 AM PDT by setter
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To: Vigilanteman

Hell, anyone with one eye and a grain of sense knew that.


16 posted on 09/01/2020 8:08:50 AM PDT by Blood of Tyrants (Where do you find the word "except" in the 2nd Amendment?)
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To: setter

The problem with that is once you start nationalizing companies, the former owners of those companies tend not to buy those products.


17 posted on 09/01/2020 8:10:21 AM PDT by Blood of Tyrants (Where do you find the word "except" in the 2nd Amendment?)
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To: setter
I predict within a few years China is going to start nationalizing co’s

It's been happening for decades. In the early 1990's, GTE/Sprint built what I think was the first cell phone network in China. As soon as it was finished, China nationalized it. That didn't stop anybody but GTE from doing business in China.

18 posted on 09/01/2020 8:17:13 AM PDT by jimtorr
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To: Blood of Tyrants

In the last 4 years - 5 MILLION jobs have been reshored from China to the US and Mexico. 4 million to Mexico. 1 million to the USA. But, the percentage of jobs going to the USA is climbing dramatically.


19 posted on 09/01/2020 8:48:17 AM PDT by MattMusson (Sometimes the wind blows too much)
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To: All

Buy USA.

Give your neighbors a job.

Duh.


20 posted on 09/01/2020 8:49:44 AM PDT by veracious (UN=OIC=Islam; USgov may be radically changed, just amend USConstitution)
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