TOKYO -- The tariff reductions announced by the U.S. and Vietnam are expected to provide relief for companies like casualwear retailer Uniqlo, which depends on the Southeast Asian nation for a large portion of its supply chain.
Trump tariffs
Uniqlo hopes for breathing room under US-Vietnam tariff deal
Vietnam is a major production hub for Japanese clothing retailer
Uniqlo parent Fast Retailing had predicted a 2%-to-3% hit to operating profits due to Trump's tariffs. (Photo by Hiroki Endo)
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