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0.000385133834007378 -0.00635470826112071 -0.0198343924513767 -0.0194492586173695 -0.0325438089736183 -0.0656730213749277 -0.0525707683419988 -0.0544964375120354
Stock impact report

Trump's massive 46% Vietnam tariffs pummel Nike, American Eagle and Wayfair [MSNBC.com]

Wayfair Inc. Class A (W) 
Last wayfair inc. class a earnings: 2/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.wayfair.com
Company Research Source: MSNBC.com
File: workers at the Maxport factory, which makes activewear for various textile clothing brands, in Hanoi.Nhac Nguyen | Afp | Getty Imagesers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China.For years, China's southern neighbor became a popular alternative for companies trying to avoid the crossfire of U.S. trade tensions with Beijing. Now, as PresidentDonald TrumpTrump said he will put a 46% duty on imports from Vietnam as part of a new wave of globaltariffsChina exported more goods to the U.S. than any other country for more than two decades, but Mexicosurpassed Chinasecond largest supplierFor companies that have looked to diversify the countries they rely on for production and reduce risks from trade conflicts with China, Vietnam has also become a popular place to go. Imports from Vietnam grew to $136.6 billion in 2024, up about 19% from 2023, according to the Office of the U.S. Trade Representative.On Show less Read more
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