Higher tariffs are a near-certainty no matter who occupies the White House, but China is prepared for a new phase of struggle.
No matter who emerges the victor after this week’s US presidential election, Vietnam-based consultant Kyle Freeman doubts demand for his services has anywhere to go but up.
Whether former president Donald Trump or current Vice-President Kamala Harris enter the White House in January, businesses are almost certain to continue exploring moves from China to destinations like Freeman’s current base of operations.
“There is an expectation that tariffs on China will continue under either potential administration,” said Freeman, a partner at business advisory firm Dezan Shira & Associates.