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On Is Paying 40 Percent on Vietnam Imports to the US: Here’s Why the Brand’s CEO Isn’t Worried

Summary by WWD
On CEO Martin Hoffmann said Trump's tariffs has it paying a "40 percent" duty for US imports from Vietnam and "39 percent" for Indonesian imports.

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The sports shoes manufactured in Vietnam and Indonesia by the Zurich-based company are now subject to tariffs of up to 40 percent, and the strong Swiss franc is losing track of the balance. From the left: On-founders Olivier Bernhard, David Allemann and Caspar Coppetti at the company's headquarters in Zurich at the opening of the new Lightspray production site. Picture: keystoneThe sports shoes manufactured in Vietnam and Indonesia by the Zurich…

·Zürich, Switzerland
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WWD broke the news in United States on Tuesday, August 12, 2025.
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