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Sharpie Pens Maker Plans To Reduce China Dependence Amid Tariff Tensions With US
Wednesday, August 7, 2024 - 7:34am | 485In a move to mitigate tariff uncertainties, Newell Brands (NASDAQ:NWL), the firm behind Sharpie pens, is shifting some of its production out of China. The company’s writing business manufacturing will be relocated to Tennessee. What Happened: CEO Chris Peterson clarified that this shift in...