More winning.... More companies now planning to move here

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Samsung and LG are thinking of moving their plants in Mexico to the U.S.

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This week we also heard from other Taiwanese businesses considering plant openings in the U.S. instead of Vietnam.

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Case in point, a new Asian report on Friday pointed out that "Taiwanese companies across the petrochemical, textile and footwear industries are assessing whether they need to move some production to the U.S.

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Sandy Wang, a senior executive at Formosa Plastics Group, said Taiwan's largest industrial company is evaluating whether it would be worthwhile to invest more in the world's biggest economy.

"We have already created 6,000 job opportunities in the U.S., and we would consider investing more in the U.S. if the environment for investment is welcoming."

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Eclat is a supplier to Nike, Under Armour, Costco, JCPenney and other global retailing brands. "If the Trump administration does raise tariffs, it's inevitable for almost every textile maker including us to think about it and to conduct a thorough evaluation whether the company should move some plants to the U.S.," Lo said.

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