Global product sourcing Archives - Mechanical Power Inc.
Trade war with China didn’t boost U.S. manufacturing

Trade war with China didn’t boost U.S. manufacturing

Overall U.S. trade deficit at record high, jobs haven’t returned to U.S. President Donald Trump’s trade war against China didn’t achieve the central objective of reversing a U.S. decline in manufacturing, economic data show, despite tariffs on hundreds of billions of...
USA / China Tariff News – Phase 1 Deal Signed

USA / China Tariff News – Phase 1 Deal Signed

Highlights of the Phase 1 Tariff Agreement On Wednesday January 15, the phase 1 China/USA trade deal was finally struck and signed. As a refresher, this phase took list 4a tariffs from 15% to 7.5% as of February 15. Unfortunately list 4a has very little to do with...