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The TPP-induced love triangle between Nike, the US and Vietnam

from Forbes

Notably, currently 43 percent of Nike’s total footwear manufacturing has shifted to Vietnam. “The TPP could potentially shift [a larger percentage of] apparel and footwear production share towards Vietnam,” states Deutsche Bank. The remainder is manufactured in China at 28 percent and Indonesia at 25 percent. Vietnamese imports could see a sizeable benefit from reduced footwear duties. more

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