As noted exiting Aug. 25's "Brace for a Second China Shock. Advanced Manufacturing Is at Risk":
One of the stated goals of the tariff regime is to encourage foreign companies to establish and/or increase their manufacturing footprint in the U.S. We have seen European companies, big pharma in particular respond to this aspect of the changing world of trade.
For their own reasons, some idiosyncratic, some policy driven, we have not seen Chinese companies react in the same way. The only recent large investment announcement that comes to mind is Chinese-owned (Haier) GE Appliances:
GE Appliances shifts more production to US as part of a $3 billion investment
Outro now intro, here at Climateer Investing we recycle!
From CNN, August 26:
South Korea business heavyweights including Korean Air and Hyundai unveiled multibillion-dollar deals in the United States on Monday, following the summit between the two countries’ leaders in Washington, DC.
At least four Korean conglomerates have announced deals and investment plans worth tens of billions of dollars, such as plans by the country’s top airliner Korean Air to spend $50 billion on aircraft and engine orders from Boeing and others.
South Korean businesses are expected to invest a total of $150 billion in the US, according to President Lee Jae Myung’s office.
Lee concluded his first summit with President Donald Trump at the White House on Monday, which came after Seoul scrambled to secure a last-minute tariff deal to avert 25% tariffs on Korean exports to the US.
At the time, the two sides agreed to a reduced 15% tariffs on Korean goods, and a $350 billion investment flow from Korea to the US, earmarked for shipbuilding, as well as spending on semiconductors, secondary batteries, biologics and energy.
It is unclear whether the $150 billion worth of deals announced this week would be part of that total.
Traveling alongside Lee was a bevy of business executives from some of South Korea’s top conglomerates, including CEOs of Samsung Electronics, SK Group, Hyundai Motor Group, LG and Korean Air, who attended a South Korea-US business round table after the summit. Executives from 21 American business, including Nvidia, OpenAI, IBM, Google, Boeing and General Motors, also took part....
....MUCH MORE
Regarding China I am reminded of a statement by one of my mentors when I tried being too clever by half:
"The best way to manipulate me is to do what I want."
A lot of country's seem to have figured that out regarding President Trump.