08:05 AM EDT, 08/06/2024 (MT Newswires) -- Newell Brands ( NWL ) is moving its production of kitchen appliances away from China due to tariff "uncertainty" ahead of the US presidential election, Reuters reported Tuesday, citing an interview with Newell Chief Executive Chris Peterson.

The company has also relocated manufacturing for its writing business to Tennessee, the CEO told Reuters, adding that it is automating its US manufacturing to make higher US wages work. Moving production to the US also saves on time and freight costs, Peterson added.

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