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Tag Archives: tariff

US sports apparel firm mulls ditching China for Vietnam

Brooks Running Company shoes displayed at a supermarket in Kang, Malaysia.

U.S. sports apparel company Brooks Running is considering shifting its manufacturing operations from China to Vietnam to avoid trade war tariffs. The firm’s CEO Jim Weber said Monday that the impact of President Donald Trump’s trade war with China is going to put a 45-percent tariff on his company’s running …

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US sets new trade talks with EU, Japan, Britain

US Trade Rep. Robert Lighthizer seen with US President Donald Trump, said trade talks will seek to end imbalances with the EU and Japan.

U.S. officials announced Tuesday negotiations for separate trade agreements with Britain, the European Union and Japan. This is a part of efforts by President Donald Trump’s administration to rebalance global commerce. U.S. Trade Representative Robert Lighthizer said the administration notified Congress of its intent to negotiate the three separate trade …

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China might avoid Trump tariffs by exporting via Vietnam

Containers of China Shipping and Cosco are loaded at a port in Ho Chi Minh City.

Vietnam could suffer collateral damage if Chinese businesses use made-in-Vietnam labels to avoid U.S. tariffs, experts warn. Economist Vu Dinh Anh said it is “highly possible” that Chinese businesses would seek to export their goods through Vietnam to the U.S. amid the trade war between the world’s two largest economies. …

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