Posts Tagged ‘ slowing economy ’

US Escalates Trade War with China Over Subsidized Imports

May 15th, 2024

The United States will impose new tariffs on Chinese imports to mitigate the flood of artificially low-cost products dumped onto global markets. President Joe Biden announced Tuesday that the move targets various materials, including aluminum, steel and solar products. U.S. and European Union officials fear China is attempting to tackle a subsidy-fueled overcapacity problem in […]

Looking to Cut Manufacturing Costs? First Weigh Risk vs Rewards

May 18th, 2023

With all of the supply chain issues and labor shortages we have seen during the last few years, manufacturing costs have risen dramatically. While things are settling down in the supply chain for the most part, the higher costs of materials, components and labor seem like they are here to stay. Because of this, coupled […]