The Number of Dutch Companies Leaving the US is “Relatively Small,” According to the Trade Association for Exporting Companies, evofenedex. In most cases, Traders Still See Sufficient Growth Opportunities in The Country. However, American Import Duties Do Result in Less Trade to and from the Us.
Accordance to Casper Roerade, Policy Advisor at Evofenedex, It is Mainly Trading Companies That Are Leaving the Country, He Tells News Agency ANP . As an Example, he mentions a wholesaler in the non-food sector that imports many goods from China. This Company Has Divested A Distribution Center in the American State of Georgia, Becous Trade would otherwise be unprofitable.
But in Most Cases, “Especular the Manufacturing Industry,” Companies Continue Their Activities in the US, Roerade Sees. This is “Given the Size or Growth Opportunities in The American Market.”
However, The Higher Import Duties Imposed by Us President Donald Trump Do Result in Less Trade to and from the Us. The Trade Association Estimates That One In Three Companies That Trade With The US Chooses A Country Other than the US to Export to Or Import Goods From Because of the Duties. Companies Are Now Focusing More on Growth Markets in the Middle East and Southeast Asia.
Some companies saw a peak in exports at the beginning of this year, in the run-up to the announced tariffs. In particular, Beverage Manufacturers and Pharmaceutical Companies Exported Extra Stock to the US Before the Start of the Tariffs in Order to Anticipate the Higher Rates.
In Any Case, The Trade War Could Have Turned Out Much Worse, Experts Told Nu.nl Earlier This Month.