From China, An End Run Around U.S. Tariffs

May 22, 2011  by in UnCategorized   

By Aggregated Content in Business Strategy on May 23, 2011 from http://c.moreover.com/click/here.pl?z4658911104&z=1250249030

Chinas export juggernaut is not unstoppable: Just ask Lawrence Yen, president of Woodworth Wooden Industries.

His factory in southern China used to ship 400 containers of bedroom furniture to the United States each month. It now sends 60. That is just what Yen's struggling American competitors were hoping would happen when, back in January 2005, the Commerce Department slapped import tariffs on Chinese-made beds, nightstands and related wares.

What happened next, though, was not part of the plan: Yen opened a factory in Vietnam and began exporting to the United States from there.

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