American companies feel pressure on China with looming on the horizon

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American companies are racing to negotiate cuts in prices from Chinese suppliers, transform production and increase prices for American consumers, as executive officials are struggling with President Donald Trump’s additional tariff of 20 percent on Chinese goods and preparing themselves for more.

Trump carried a 60 percent promise of Chinese goods, and the White House may impose additional fees on imports from China on April 2, when it is unveiled. “Mutual definitions” On countries around the world.

It is not clear how high Definitions You can go, but American and Chinese companies are looking for solutions and rethinking their supply chains to reduce dependence on China.

“Obtaining cost concessions from our sellers,” said Jeff Howe, a retail financial manager at home, Williams Sonoma this month.

Hui said that the company will continue to convert sources outside China, as it has already reduced Chinese goods from 50 percent of the stock in 2018 to 23 percent. He said they would also have production in the United States and were “going through targeted prices for our customers.”

Bottery Barn is one of many retailers in the United States taking action. Costco and Walmart are already they have Discounts in the required prices from suppliersWith the latter by the Chinese authorities to explain their thinking.

The demands of price discounts, as well as moves to change production elsewhere, confirm how large companies have built greater flexibility and flexibility in supply chains after Trump’s first trade war.

American and Chinese companies said that the latest definitions had accelerated the production campaign that started during the first period of Trump.

“The 2017 customs tariff tour has definitely created procedures, and we are in a different position than we were at that time,” said Richard McVeel, the financial director of the Home Indender Home Depot, to the Financial Times.

Ted Decker, President of Home Depot, added that many of its suppliers have transformed some industrialization from China during the past seven years. He said that about a third went to Southeast Asia, the third to Mexico and the third of the United States.

Elegant Home-Tech, a Chinese manufacturer, began charging vinyl floors to the United States, including Home Depot warehouses, to build a factory in Mexico in 2023 after the first Trump attack from the customs tariff.

A manager of the company said that the $ 60 million factory will start shipping to the United States this summer. The group hopes that trade tensions will not be arrested in the United States and Mexico.

The director said: “Everything is certain.” “This is difficult for manufacturers, importers and retailers.”

Stylish home technology wanders with its customers on how to share the burden of added tariffs, which is now 50 percent. This includes 25 percent of Trump’s first and 5 percent normal.

The director said, “We won very small,” the director said. “It is impossible for us to bear all the costs of customs tariffs. We are likely to divide the costs. We believe that the price (in the store) will also increase.”

The Chinese company Petpal Petpal Petepal Pet Technology told its investors in Vietnam and Cambodia “that can now take orders from American customers” and are not affected by definitions.

Likewise, Globe, the manufacturer of Chinese -powered Chinese tools, said that “the Vietnam factory has mainly achieved complete coverage of export to the United States.”

The problem for companies that turn their production elsewhere is that they are not sure of the following definitions. Trump said the only confirmed way to avoid definitions is to transfer production to the United States.

“Nobody knows the definitions that will be placed, where, when, or what,” said Jay Shottinstein, CEO of the American clothing brand. “We do not know what Vietnam will be, we do not know China, and we do not know India. We do not know Bangladesh.”

“We will not jump everywhere until we know exactly what the story is,” he told analysts.

However, American eagle executive officials said they had already spent months of preparation and planned to reduce China sources from the current “teenagers” percentage to “one numbers” by the second half of the year.

For retailers, especially those who depend heavily on Chinese manufacturing, the effects will be more harmful.

The five retail stores below, which exports sources of about 60 percent of its products from China, expects a percentage of its total margin for this year despite making every effort to alleviate this effect.

Christie Chipman, the head of five finances from below, told analysts that the group was looking to re -negotiate prices with suppliers, transfer production and increase some prices inside the store.

She said: “The width and size of the recently announced definitions are important.”

Participated in additional reports from Nian Liu, Wenji Ding in Beijing and Thomas Hill in Shanghai