US companies are demanding price cuts from Chinese suppliers to mitigate tariffs— but there's nothing left to squeeze
Chinese manufacturers are finding little wiggle room to further lower prices for US companies that are trying to mitigate tariffs.
Stringer/VIA REUTERS
- US businesses are pressuring Chinese suppliers to cut prices to mitigate Trump's tariffs on China.
- Supply chain experts say Chinese manufacturers have smaller margins to give.
- After heated back-and-forth retaliations, the US tariffs on China stand at 145% as of April 10.
To avoid steep price hikes for consumers...