Chinese manufacturers are halting production and seeking new markets as U.S. tariffs, reaching up to 145%, disrupt exports to the United States.
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00:00Chinese manufacturers are halting production and seeking new markets as U.S. tariffs, reaching up to 145%, disrupt exports to the United States.
00:10To mitigate the impact, many firms are relocating production to Southeast Asia, such as Vietnam and Cambodia, or targeting European and Middle Eastern markets.
00:20Their strategic diversification aims to reduce reliance on the U.S. market amid escalating trade tensions.