Apple is reportedly considering moving up to 30 percent of their production from China to Southeast Asia, the latest company to join a small but growing list of firms that are evaluating their supply chains in the region amid continued trade tensions with the U.S.
While the spat between the U.S. and China spurred the decision, Apple intends to restructure its manufacturing operations even if a resolution is reached, according to Nikkei Asian Review.
President Trump and President Xi Jinping are slated to meet at the upcoming G20 summit in Japan, while top trade deputies are expected to relaunch talks after negotiations broke down in May after the Chinese allegedly backtracked on previously agreed upon items.
In the meantime, the White House is moving forward with fresh tariffs on another roughly $300 billion in Chinese imports. The administration has already placed levies on $250 billion in shipments.
As corporate America braces for the outcome of the latest round of talks, some firms are already abandoning China in favor of the U.S., Mexico or countries in Southeast Asia, like
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