Taiwan's Foxconn says it can plan production around Trump tariffs

  • Posted on February 12, 2025
  • By Business News Today
  • 1 Views
Taiwan's Foxconn says it can plan production around Trump tariffs

Foxconn Chairman Young Liu stated that the company can adjust its production based on new U.S. tariffs, manufacturing in either the United States or Mexico as needed. While Liu acknowledges that tariffs are not beneficial for the global economy and could shrink markets, he emphasizes Foxconn's operational flexibility.
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