Washington maintains 25 per cent tariffs on about US$250 billion worth of Chinese imports. Photo: EPA-EFE

Phase one trade deal in the works but firms in China plan for the worst

  • Manufacturers and suppliers come with Plan B, C and D, despite expected signing of tariff agreement
  • Companies diversify production and markets in case Beijing and Washington fail to make real progress in talks
Topic |   US-China trade war
Washington maintains 25 per cent tariffs on about US$250 billion worth of Chinese imports. Photo: EPA-EFE
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