Tariff Quote Watch: Brooks To Run Production from Vietnam Ahead of Duty Risks — Panjiva
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Tariff Quote Watch: Brooks To Run Production from Vietnam Ahead of Duty Risks

China 3047 Cons. Discr. - Apparel 530 Quote Watch 452 Tariffs 1865 U.S. 5398 Vietnam 412

Brooks Running plans to shift most of its production of training shoes to Vietnam from China because of the threat of tariffs. The change will prove “disruptive, but the reality” according to CEO Jim Weber. Brooks has already started altering its supply chain. U.S. seaborne imports from Vietnam have risen by 25.9% year over year in April while those from China fell 35.2%. An industry-wide shift to Vietnam is already well-established. Suppliers from Vietnam accounted for 45.9% of U.S. seaborne imports in the 12 months to Apr. 30 from 36.1% in 2013. Shipments from China fell to 26.9% from ...

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