Manufacturing is shifting to Vietnam, Cambodia, and Thailand to evade duties and exploit loopholes.
2 reports, 2 independent
Updated Jul 27
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What happened
Manufacturing is shifting to Vietnam, Cambodia, and Thailand to evade duties and exploit loopholes.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The industry trend of importers shifting manufacturing bases from China to Vietnam and India is being analyzed in light of Donald Trump's tariffs, with input from Capital Economics.Also in this story
- Driven by global geopolitical conflicts and strict US trade policies, Vietnam has emerged as a major global supplier, surpassing China in certain capacities.
- Under Trump's trade agenda, multiple economies including Vietnam, China, Taiwan, and Japan are targeted, leading to potential new tariffs and heightened tensions.
- Trump's tariffs are pressuring Nike and other companies to diversify supply chains away from China toward Southeast Asian nations like Vietnam and Indonesia.
- Trade lane shifts are underway as volumes in China services decline, with transshipment moving to Vietnam, driven by tariff volatility.
The entities involved
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Chinese Communist Party
founding and ruling party of the People's Republic of China
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Vietnam
country in Southeast Asia
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Cambodia
country in Southeast Asia
Related events
- Vietnam faces risk factors while Indonesia ramps up production capacity, with India offering major utilization opportunities.
- Vietnam is shifting its industrial policy toward high-value manufacturing.
- Global companies like FedEx, Cisco, Coca-Cola, and Ford are active in Cambodia, which functions as an ASEAN production hub, alongside China's major presence.
- China, Cambodia, and Thailand are collaborating on development projects, including establishing industrial and rice corridors.
Coverage
Newest first; wire copies grouped- mondaq.comInternational Contract Manufacturing: 8 Ways To Protect Your IP, Products, And Payments
- theepochtimes.com