Iris Oyama Trading friction for suppliers from China to Southeast Asia

By 3 Economy, Inbalance

Iris Oyama Trading friction for suppliers from China to Southeast Asia

“Iris Oyama” has developed around 1000 kinds of household goods and home appliances annually,

Most of the molds required for the production at our own factory in the United States were procured in China.

Although it is meant to make millions of yen for a mold used in an American factory,

As the trump regime added 25% on customs duties on Chinese molds and the procurement cost rose sharply, we decided to transfer the supplier of the mold from China to Southeast Asia where the tariff is low.

NHK News

https://www3.nhk.or.jp/news/html/20181129/k10011727371000.html?utm_int=all_side_business-ranking_004

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