Part 4/6:
While companies may decide to relocate their manufacturing out of China to mitigate risk, such a move does not come without its own set of challenges. According to analysts, moving production to alternative locations, which may involve higher labor and production costs, is a likely outcome. As Matt Argersinger points out, this shift could trigger an increase in prices for consumers. The implications of reduced profit margins for tech giants, like Apple, which have thrived on the efficiencies of Chinese manufacturing, are daunting.