Hasbro moving production from China amid trade war

Source: Business Insurance

July 25, 2019 U.S.-based toymaker Hasbro Inc. plans to shift some of its production from China to new plants in Vietnam and India due to the U.S.-China trade war, Bloomberg reported. The toymaker said that U.S. goods produced in China could drop to about 50% by the end of 2020, from nearly two-thirds currently.