Ricoh to shift some China production to Thailand to avoid Trump duties

Printer maker faces 60% Chinese import tariff threatened by U.S. president-elect

20241125 RICOH

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

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.

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