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tariffsCNBC
•World
World
82% Informative
A 46% tariff on Vietnam could soon raise costs for major corporations in the apparel, furniture and toy space.
Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China .
The country became a popular alternative for companies trying to avoid the crossfire of U.S. trade tensions with Beijing .
In 2023 , 26.5% of U.S. furniture imports came from Vietnam , close behind the 29% coming from China .
Toymakers have also leaned on Vietnam to make more merchandise that's imported and sold to kids and adults across the U. Both companies say they're monitoring the evolving trade landscape.
VR Score
85
Informative language
85
Neutral language
54
Article tone
formal
Language
English
Language complexity
47
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
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