Uniqlo’s parent company has threatened to pull the Japanese fashion chain from the U.S. if President Donald Trump continues to insist all of its clothes be made in America, CNN Money reports.
Trump campaigned with a promise to revive U.S. manufacturing, and has been pushing a “buy American, hire American” economic message — much to the chagrin of Japanese billionaire Tadashi Yanai, the head of Uniqlo’s parent company, Fast Retailing Co. Per CNN Money:
“If I was directly told to do so, I will withdraw from the United States,” Yanai told Japanese newspaper The Asahi Shimbun this week when he was asked about Trump’s Made in the U.S.A. push.
“We would not be able to make really good products [in the U.S.] at costs that are beneficial to customers,” Yanai said in the Japanese news report. “It would become meaningless to do business in the U.S.”
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