{"id":1533674,"date":"2025-05-02T09:45:00","date_gmt":"2025-05-02T13:45:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1533674"},"modified":"2025-05-02T09:45:00","modified_gmt":"2025-05-02T13:45:00","slug":"out-in-60-days-us-firm-plans-accelerated-china-exit","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/out-in-60-days-us-firm-plans-accelerated-china-exit\/1533674\/","title":{"rendered":"“Out In 60 Days”: US Firm Plans “Accelerated” China Exit"},"content":{"rendered":"

“Out In 60 Days”: US Firm Plans “Accelerated” China Exit <\/span><\/p>\n

\n

President Trump’s trade war is pushing both multinational giants and small businesses to either friend-shore or re-shore their critical supply chains out of China<\/strong>. Some of these firms have even considered bringing critical manufacturing operations to the United States.\u00a0<\/p>\n

One such company,\u00a0Seattle, Washington-based\u00a0Wyze Labs, a popular seller on Amazon of smart home and wireless camera products, revealed on X that their “first tariff bill” has “accelerated” efforts to leave China in two months, with serious consideration of restoring supply chains in the United States<\/strong>.\u00a0<\/p>\n

“Just got our first tariff bill. We imported $167k of floodlights and then paid $255k in tariffs<\/strong>. That’s more than any of our founders were paid last year,”\u00a0Wyze wrote on X.\u00a0<\/p>\n

Just got our first tariff bill. We imported $167k of floodlights and then paid $255k in tariffs. That\u2019s more than any of our founders were paid last year. \ud83d\ude05\ud83d\ude05\ud83d\ude05<\/p>\n

\u2014 Wyze (@WyzeCam) April 30, 2025<\/a><\/p>\n

Wyze posted an image of their tariff bill for floodlights that nearly doubled.\u00a0<\/p>\n

For those who say we made it up… pic.twitter.com\/3wEL6u1VTQ<\/a><\/p>\n

\u2014 Wyze (@WyzeCam) April 30, 2025<\/a><\/p>\n

“We’ve been working on moving manufacturing out of China for over a year now, but those efforts have been\u2026accelerated. We’ll probably be out in 60 days<\/strong>,” the Seattle start-up said, adding, “Obviously we’d love to move our factories back home to Seattle. We just need to figure out to make the rain in Seattle power an assembly line<\/strong>.”\u00a0<\/p>\n

Obviously we\u2019d love to move our factories back home to Seattle. We just need to figure out to make the rain in Seattle power an assembly line.<\/p>\n

\u2014 Wyze (@WyzeCam) April 30, 2025<\/a><\/p>\n

Some of\u00a0Wyze’s products on Amazon have tens of thousands of reviews, making them a popular choice among consumers.\u00a0<\/p>\n

<\/a><\/p>\n

Earlier on Thursday,\u00a0Eli Lilly CEO Dave Ricks provided CNBC with an update about tariffs: “I think that actually, the threat of tariffs is already bringing back critical supply chains into important industries, chips, and pharma.”<\/strong><\/p>\n

Perhaps the Trump administration should consider launching a public counter to track the success of friend-shoring and re-shoring efforts<\/strong>, as the 145% tariff on Chinese imports acts as a powerful lever in the ongoing trade war, reshaping critical supply chains and accelerating the exodus from China.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nFri, 05\/02\/2025 – 05:45<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/geopolitical\/out-60-days-us-firm-plans-china-exit-accelerated<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

“Out In 60 Days”: US Firm Plans “Accelerated” China Exit President Trump’s trade war is pushing both multinational giants and small businesses to either friend-shore…<\/p>\n","protected":false},"author":0,"featured_media":1533675,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1533674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1533674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1533674"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1533674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1533675"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1533674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1533674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1533674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}