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Lenovo on the verge to move production away from China if further tariffs applied!

Lenovo said that it could shift production away from China if the U.S. slaps additional tariffs on Chinese products.

President Donald Trump has threatened tariffs on another $300 billion worth of Chinese goods.

“We obviously are well-prepared in the event that it happens,” Lenovo CFO Wai Ming
Chinese technology firm Lenovo, one of the world’s largest PC makers, can shift production to other countries if the U.S. slaps more tariffs on China, the company’s finance chief said.

President Donald Trump has threatened an additional round of tariffs on $300 billion of Chinese imports which could include consumer electronics.

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