Ricoh will move some Chinese production to Thailand to avoid Trump tariffs

TOKYO — Japan’s Ricoh plans to shift some production of multifunction printers from China to Thailand that it sells in the United States to avoid a 60 percent tariff on Chinese imports that new President Donald Trump has threatened to impose, Nikkei has learned. .

Trump, who will take office in January, repeatedly said during his campaign that he would take action against Chinese imports. Ricoh’s US sales account for 20% of its global revenue.