Companies that went through the effort of shifting some of their production from China to India are deeply regretting it right now, as China ends up with lower tariffs than India.
Companies don't want to relocate out of China anymore because of "the instability and unpredictability of where tariffs might land in other markets."
Trump is managing an ironic feat of convincing companies that China is actually the safe, stable choice. 😆
https://www.nytimes.com/2025/11/02/business/economy/trump-tariff-deal-china.html
