In the complex world of modern business, effective supplier management is critical for success. Businesses rely on a network of suppliers to source goods and services, and the performance of these suppliers can significantly impact the quality, cost, and efficiency of...
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...
As all have seen in the news, the coronavirus in China is impacting global economies and specifically manufacturing relevant to our respective businesses. Mechanical Power has been closely monitoring the situation and quantifying any potential impact to our ability to...
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...
