Reported 2 days ago
American consumers are likely to experience increased prices and fewer product choices as companies struggle with higher tariffs, particularly from Vietnam. Industry experts indicate that shifting production is difficult and costly, and some businesses may opt out of the U.S. market altogether. The era of reliance on a singular global manufacturing base is ending, leading companies to explore alternative sourcing strategies, though the prospect of returning labor-intensive production to the U.S. remains unrealistic.
Source: YAHOO