Fox Business

Former Chrysler exec says Trump’s win is prompting CEOs to move out of China

President-elect Donald Trump’s landslide victory over Vice President Harris is already sending shockwaves through the business world as executives have looked to move production out of China since last week, former Home Depot and Chrysler CEO Bob Nardelli told FOX Business.

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Steve Madden announces plan to ‘rapidly’ move production out of China following Trump election win

Steve Madden’s CEO announced on a post-earnings call Thursday — less than 48 hours after Trump’s victory — that the retailer has put a “plan into motion” that cuts Chinese sourcing up to 45%.

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