Nashville speaker maker plans to move overseas to avoid tariffs

(The Center Square) – The owner of a storied Nashville speaker company says he’ll pay lower taxes by moving overseas, rather than trying to build in the U.S.

It’s the opposite of what President Donald Trump wanted when he put in place the highest import taxes in nearly a century. Trump has encouraged businesses to avoid tariffs by making products in the U.S. He wants to see industries that have shifted production abroad come back.