President Donald Trump’s new tariffs are helping to erode China’s appeal as a place where stuff gets made.

Ricoh Co. is moving some manufacturing from China to Thailand to avoid potential risks from the U.S.-China trade tensions, the Japanese office-equipment maker said Thursday. That came hours after a report that Taiwan’s Kenda Rubber Industrial is investing in Vietnam to do the same.

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Meg Waters

Meg Waters is the editor in chief of Treasury & Risk. She is the former editor in chief of BPM Magazine and the former managing editor of Business Finance.

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