China and the US may have declared a tariff truce (however tentative), but GoPro isn't taking any chances. It's moving "most" of its US-bound action camera production out of China by summer 2019 to reduce the effect of any potential tariff increases. The decision will help diversify manufacturing "regardless of tariff implications," the company said, and shouldn't cost much when it already owns its manufacturing equipment and just needs to switch facilities.
Via: CNBC
Source: GoPro