Supply ChainRicoh to shift some China production to Thailand to avoid Trump duties
Printer maker faces 60% Chinese import tariff threatened by U.S. president-elect
Ricoh, which derives 20% of its revenue from U.S. sales, is planning to move some production away from China to avoid any import duties that incoming U.S. President-elect Donald Trump may impose.
KOHEI YAMADA, Nikkei staff writer
November 25, 2024 18:40 JST
TOKYO -- Japan's Ricoh is planning to shift part of its production of multifunction printers from China to Thailand that are for sale to the U.S. to avoid the 60% tariff on Chinese imports that the incoming President Donald Trump has threatened to impose, Nikkei has learned.