- 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.
Yue Yuen is shifting production of major shoe brands from China to Vietnam and Cambodia due to tariff pressures.
1 report, 1 independent
Updated 00:00
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What happened
Yue Yuen is shifting production of major shoe brands from China to Vietnam and Cambodia due to tariff pressures.
Who's involved
What this event is mainly aboutKeep exploring
Part of
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 tariffs caused a $1 billion hit to Nike, leading to warnings of higher prices and inflation concerns as companies adjust sourcing from China.
- 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.
The entities involved
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
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Vietnam
country in Southeast Asia