Nintendo Will Shift Their Hardware Manufacturing From China To Vietnam Because Of The Trade War

Nintendo has announced that they will be moving their manufacturing sites out of China and to Vietnam. US President Donald Trump plans to put a tariff on shipped goods coming from China soon, and Nintendo seems to be jumping ahead of its competitors before the bill is passed. According to Reuters, the Japanese company plans to partially move their manufacturing to Vietnam later this summer due to the ongoing trade war that would rise the prices of their products and hurting their company, and most importantly, their consumer.

The Nikkei Business Daily had a report that said Apple was asking its major suppliers of goods to cost implications that may be coming their way with the new trade war tariff. There is a reported 15 percent increase in production capacity in China from Asia, and there is a potential $300 billion sum that would be coming to Washington for this raised tariff against Chinese goods.