Part of my company’s plan to weather the trade war was to stock up and wait for our competition to be priced out. We also expect the factories in China that supplied our competitors will shut down too. There is a ton of spare capacity with some of them and they work on slim margins. Even a short term downturn of orders can push many to close.
Part of my company’s plan to weather the trade war was to stock up and wait for our competition to be priced out. We also expect the factories in China that supplied our competitors will shut down too. There is a ton of spare capacity with some of them and they work on slim margins. Even a short term downturn of orders can push many to close.
They don’t tend to close, they pivot.