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Due to Trumps criminal duties, the GoPro turns of China

Out of concern about the negative impact of punitive tariffs no longer wants to restore the US camera maker GoPro for the home market of certain products in China. The current "geopolitical business environment requires agility," said GoPro on Monday to justify.

The company will dedicate itself to "proactively" to Worry about customs duties and shift production of cameras for Export to the United States from the people's Republic, the company said. Where GoPro left open initially but. The location change is to be made, therefore, in the middle of next year.

The U.S. and China had tariffs in the past few months, alternating with the Criminal and the threat of further premiums covered. Least a 90, it was agreed in the trade of conflict-day ceasefire, however, there is still the fear of a renewed escalation.

GoPro is concerned that the tariffs could force the company in the highly competitive camera market to a higher price. The manufacturer builds primarily small rugged cameras that can be mounted, for example, of helmets. So athletes can movies daring actions, without having a camera in your hands.

Long GoPro was a Synonym for such cameras. But the competition has now caught up; at the beginning of the year, GoPro had to pay after bad business for the umpteenth time, job cuts to announce. (AFP)

Created: 11.12.2018, 09:48 PM

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