Trump's massive 46% Vietnam tariffs pummel Nike, American Eagle and Wayfair

Retailers and brands have shifted manufacturing from China to Vietnam to avoid U.S. trade tensions, but are now facing new tariffs imposed by President Trump. The 46% duty on imports from Vietnam will impact major corporations in the apparel, furniture, and toy industries, potentially leading to price increases for consumers. Despite the rise in imports from Vietnam, China remains the second largest supplier to the U.S., prompting companies to diversify production locations to mitigate risks from trade conflicts.

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