Companies are scrambling to shift production out of China, bolster inventory and weigh price increases as they brace for tariff hikes from a second Trump administration. Why it matters: Trump has threatened to ramp up duties on China,

The president-elect made universal tariffs a core tenet of his economic pitch, proposing a specifically harsh rate for Chinese goods.

President-elect Donald Trump is rolling into office on promises of widespread tariffs—and many companies are already preparing.