LG eyes more US production, cutback in tariff-hit Vietnam

LG eyes more US production, cutback in tariff-hit Vietnam LG eyes more US production, cutback in tariff-hit Vietnam

SEOUL — LG Electronics is considering boosting capacity in the U.S. while scaling back manufacturing in Vietnam in response to the Trump administration’s sweeping tariff policy.

The aim is to minimize the U.S. trade war’s impact on the South Korea company’s North American business, LG’s second-biggest market after its home country, as higher material costs erode profit.