Lovely quoted in Bloomberg article on China, Trump's tariffs
October 26, 2018
Bloomberg
Mary Lovely was interviewed for the Bloomberg article "China Bets Vast Supply Chain Can Swallow Trump's Tariff Pain." China still has a large cost advantage due to economies of scale and is also well established in parts of the supply chain that need hard-to-get certification, including for food, drugs, medical devices and some transportation equipment, says Lovely. "Damage from the U.S. tariffs is bearable for China," she says. "These tariffs are unilateral and China still will supply the rest of the world." 10/26/18