Chris Peterson
Chris Peterson is the CEO of Newell Brands, a company that specializes in manufacturing baby products, including strollers and car seats under the Graco brand. Recently, he was in the news for discussing the impact of U.S. tariffs on Chinese imports, highlighting that approximately 97% of strollers and 87% of car seats sold in the U.S. are sourced from China. He noted that the tariffs have forced the company to raise prices by 20%, and he expressed concern about future stock shortages as they temporarily halted new imports from China.
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Vietnam:
Chris Peterson, CEO of Newell Brands, mentioned that they have had to increase product prices by 20% due to import taxes.
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