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Chinese Copper Supplier Says US Demand Can Bear Trump’s Tariffs

Chinese Copper Supplier Says US Demand Can Bear Trump’s Tariffs
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Chinese Copper Supplier Says US Demand Can Bear Trump’s Tariffs Chinese copper manufacturer Zhejiang Hailiang Co. is betting its American customers won’t balk at higher prices if the US follows though on placing tariffs on the refined metal. The Hangzhou-based maker of copper tubes has expanded to locations from Indonesia to Morocco to get closer to clients and escape trade restrictions. Its operations include a plant in Houston that’s nearing full capacity after delays to construction...

Chinese Copper Supplier Says US Demand Can Bear Trump’s Tariffs Chinese copper manufacturer Zhejiang Hailiang Co. is betting its American customers won’t balk at higher prices if the US follows though on placing tariffs on the refined metal. The Hangzhou-based maker of copper tubes has expanded to locations from Indonesia to Morocco to get closer to clients and escape trade restrictions. Its operations include a plant in Houston that’s nearing full capacity after delays to construction during Covid.
Chinese Copper Supplier (ORG) US (LOCATION) Chinese (ORG) Zhejiang Hailiang Co. (ORG) American (ORG) Hangzhou (LOCATION) Indonesia (LOCATION) Morocco (LOCATION) Houston (LOCATION) Covid (LOCATION)
Originally published by Bloomberg Markets Read original →