Trump win would accelerate factory relocation out of China
USChina ties to worsen more slowly under Harris, exporters say
39;Nobody can handle39; 60 tariffs, Chinese producer warns
Costs rising in SE Asia, elsewhere amid shift out of China
Tariffs could shave 0.40.7 pct points off Chinese growth
GUANGZHOU, China, Oct 23 Reuters If Donald Trump wins next month39;s U.S. presidential election, Mike Sagan39;s toymaking company will halve its China supply chain within a year.
KidKraft, which also makes outdoor play equipment, had already shifted 20 of its production out of China to Vietnam, India and elsewhere after Trump introduced 7.525 tariffs in July 2018, midway through his first term.
Now Trump threatens blanket 60 tariffs on China, which Sagan sees as a gamechanging blunt tool.
He expects Kamala Harris to be less aggressive, but still likely to keep confronting China on trade.
The writing is on the wall that it39;s going to be difficult, said Sagan, vicepresident for supply chains and operations at KidKraft. The firm has reduced its Chinese suppliers to 41 from 53 at the start of this year.
Question is is it going to be extremely difficult or just difficult?
The tariff threat alone is rattling China39;s industrial complex, which sells goods worth more than 400 billion annually to the U.S. and hundreds of billions more in components for products Americans buy from elsewhere.
Of the 27 Chinese exporters with at least 15 of sales to the U.S. Reuters spoke…