Warehousing News Roundup: February 18, 2019
Stord
FEBRUARY 17, 2019
Tesla is scrambling to move Model 3 sedans to China , anticipating imminent tariffs on American cars that would make its product more expensive. Import fees on American cars are a problem for many companies, but Tesla’s lack of manufacturing capacity in China makes it unable to shift production to within the country to mitigate penalties. Consequently, the company is focusing its supply chain on moving product to this key market before potential tariffs go into effect and raise prices.
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