Tariff Quote Watch: GoPro Goes Out of China In Active Duty Decision — Panjiva
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Tariff Quote Watch: GoPro Goes Out of China In Active Duty Decision

China 3053 Info Tech - Tech Hardware 866 Quote Watch 452 Tariffs 1870 U.S. 5404

Sports camera maker GoPro has decided to shift production for the U.S. market out of China in order to “proactively address tariff concerns” according to CFO Brian McGee. The move may be done at a “relatively low cost” given GoPro owns its production equipment. It isn’t clear yet where production will move to or whether there will be a loss of economies of scale. GoPro had already started to scale back imports from China with a 35.8% decline in seaborne shipments in the three months to Nov. 30 on a year earlier. Other manufacturers may be following a stockpiling approach to addressing...

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