UBS: U.S. firms evading Trump tariffs by switching output abroad

UNITED STATES FIRMS are attempting to avoid U.S. tariffs on China by shifting some stages of manufacturing operations abroad, according to UBS. / BLOOMBERG FILE PHOTO/ALEX FLYNN
UNITED STATES FIRMS are attempting to avoid U.S. tariffs on China by shifting some stages of manufacturing operations abroad, according to UBS. / BLOOMBERG FILE PHOTO/ALEX FLYNN
NEW YORK - United States companies are evading President Donald Trump’s goods tariffs by partly moving production abroad, shielding China for now from the effects…

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