Moody’s: US manufacturing vulnerable to US tariffs on imports from China

A review of progress on China's Phase One purchasing commitments may also prompt the US to develop new measures or impose new tariffs.

KUALA LUMPUR: US manufacturing is particularly vulnerable to US tariffs on imports from China because tariffs affect the large intermediate inputs, Moody’s Investors Service said.

It said on Tuesday that furthermore, the US imports differentiated goods from China and US manufacturers may find it more difficult to source them elsewhere in large quantities or the products may be manufactured with imported inputs in more complex supply chains.