- 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.
- Trump's tariffs are pressuring Nike and other companies to diversify supply chains away from China toward Southeast Asian nations like Vietnam and Indonesia.
Nike's production base in Vietnam, Cambodia, and Indonesia is strategically vital to the US footwear industry, accounting for significant global production shares.
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Updated Oct 30
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Nike's production base in Vietnam, Cambodia, and Indonesia is strategically vital to the US footwear industry, accounting for significant global production shares.
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Trump's tariffs are pressuring Nike and other companies to diversify supply chains away from China toward Southeast Asian nations like Vietnam and Indonesia.Also in this story
- Trump's tariffs on Vietnamese imports are impacting major companies like Nike and Adidas, leading to expert analysis on the trade policy's consequences.
- Trump set tariffs on goods from China at 30%, later reaching a deal that left the tariff at 20%.
- Nike is shifting manufacturing away from China to Vietnam, utilizing new trade deals to ease tariff concerns.
- ZIM has significant exposure to China, and Chinese-built ships are utilized in U.S. port calls, involving global trade partners like United Parcel Service.