Trump Claims Samsung Planning ‘Massive’ US Facilities to Beat Tariffs

If Trump’s tariffs go into effect, they will affect countries and companies all around the world. They will impact China the most. Currently, the tariffs against imported Chinese goods stand at a staggering 145%. This is why more companies are looking to shift production away from China. This might include Samsung, where, according to Trump, he heard the Korean tech giant is planning “massive” production facilities in the US. Samsung bringing production to the US? Speaking during a meeting at the White House, Trump told reporters he heard about Samsung’s plan for building production facilities in the US. He was…

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *