HP, a big computer company, is thinking about making more of its products in the USA instead of other countries. This is because of some trade problems and the President wants companies to build things in America. It's a big decision!
- HP is considering moving some of its factories to the US.
- This is partly because of trade issues and tariffs (extra taxes on imported goods).
- It's a difficult decision because moving factories is complicated and expensive.
- HP wants to be able to make things faster and closer to its customers.
Fact | Number/Detail |
---|---|
HP's stock price change on Friday | Down 7.2% |
Percentage of goods from China by end of fiscal year (prediction) | Less than 10% |