New Hurdles Arise As Manufacturing Looks To Vietnam During U.S.-China Trade War




As the trade conflict between the United States and China continues, other countries around the world have also been adversely affected by rounds of tariffs and additional costs hampering manufacturing and importing.

But there are a few places that have seen substantial benefits — from companies moving production as a means to mitigate the impact of tariffs on goods from China.

Consumer electronics firms and other businesses have looked to relocate operations, with many companies looking to Vietnam, in order to reduce supply chain costs. In fact, since tariffs on Chinese goods were implemented, Vietnam has seen a quarterly increase of $1.1B year-over-year in exports to the United States on the tariffed goods.

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