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US-China Trade War Is Good News for Some Countries

Elizabeth Lee

   FOUNTAIN VALLEY, CALIF. - As with any war, there are winners and
   losers. That is also the case with the U.S.-China trade war.

   As the two countries battle, companies affected by high tariffs are
   looking to manufacture their products elsewhere, and businesses outside
   of the U.S. and China are seeing economic booms.

   Two factories in Vietnam currently make electric bicycles for Pedego,
   an American company based in Fountain Valley, California. Eighty
   percent of Pedego's bike parts used to be from China, but not anymore.

   "Now, we're probably 70% in Vietnam, and 30% in Taiwan," said Don
   DiCostanzo, Pedego's co-founder and CEO.

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