Signify Lighting: New US tariffs could prompt Signify to move operations out of China, CEO says

Lighting maker Signify is considering moving some of its production out of China if the company faces a new round of U.S. tariffs, its chief executive said Friday.

Signify, the world's largest lighting maker, is reviewing manufacturing sites in India and Indonesia and modifying existing operations in Mexico, CEO Eric Rondolat said in a call with analysts after the company reported third-quarter results.

Former US President Donald Trump has proposed a tariff of up to 60% on imports from China, where Signify has much of its production, if he is elected for a second time on November 5.