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Home.forex news reportIndonesian, Vietnamese footwear makers feel the heat of U.S. tariffs

Indonesian, Vietnamese footwear makers feel the heat of U.S. tariffs

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JAKARTA/HO CHI MINH CITY/NEW YORK — Foreign footwear makers have canceled plans to invest in Indonesia, and shoe factory managers in Vietnam are absorbing some additional costs, accelerating automation and tapping the brakes on hiring as U.S. President Donald Trump's "reciprocal" tariffs…



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