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Hasbro moving production from China amid trade war

Posted On: Jul. 25, 2019 5:34 AM CST


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.

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