Tariff Quote Watch: GoPro Goes Out of China In Active Duty Decision — Panjiva


Tariff Quote Watch: GoPro Goes Out of China In Active Duty Decision

China 1758 Info Tech - Tech Hardware 378 Tariff Quote Watch 91 Tariffs 1169 U.S. 3297

Sports camera maker GoPro has decided to shift production for the U.S. market out of China in order to “proactively address tariff concerns” according to CFO Brian McGee. The move may be done at a “relatively low cost” given GoPro owns its production equipment. It isn’t clear yet where production will move to or whether there will be a loss of economies of scale. GoPro had already started to scale back imports from China with a 35.8% decline in seaborne shipments in the three months to Nov. 30 on a year earlier. Other manufacturers may be following a stockpiling approach to addressing ta...

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