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Sharpie-maker Newell moves more operations from China as tariffs loom

Sharpie pen maker Newell Brands is moving some production of kitchen appliances out of China and has relocated manufacturing for its writing business to Tennessee as it faces “uncertainty” on tariffs ahead of the U.S. presidential election, Newell CEO Chris Peterson said.

Peterson specified in the interview the supply-chain changes are not a response to Republican presidential candidate Donald Trump’s campaign pledge to further increase tariffs on Chinese-made goods and many others if he wins.

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