Companies Say They're Ready to Move Supply Chains From China

Earnings reporting season is underway, and analysts are eager to hear from executives about how an escalating trade war between the U.S. and China is impacting their businesses. A common theme is that they are ready to relocate supply chains if the cost of importing Chinese goods becomes prohibitive.

U.S. President Donald Trump imposed a 10 percent tariff on $200 billion of Chinese imports in September -- following an earlier round of tariffs on $50 billion of goods -- and promised to raise the duty to 25 percent in January. He’s also threatened to expand the levy to all products imported from China -- an amount that totaled $531 billion in the 12 months through August, according to the latest data from the U.S. Department of Commerce.