Quote:
Originally Posted by onwebcam
The link is China-US trade...
The overall trade war is because these countries impose tariffs on goods that already cost more to produce here in the US... Making them more unobtainable and in turn decreasing the likelihood people in these countries will buy our products.. Do you not get how that works? Trump is just giving them a taste of their own medicine.....
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Trump put a 25% Tarrif on imported Chinese circuit boards, their components & materials.
Do you know who is the largest buyer of the minerals used in transistors, capacitors, etc? China
The price of made in America Electronics just went up 25%. Do you understand that? If the price doesn't go up the companies will be going out of business.
Trump just made us 25% less competitive in the worlwide electronics manufacturing industry.
AMERICAN ELECTRONICS MANUFACTURERS REACT TO CHINA TRADE TARIFFS
"Now, manufacturers are feeling the pinch. An email distributed by Moog Music last Friday has asked their supporters to contact their senators and representatives."
"Mere weeks ago, the United States announced it was set to impose a 25% tariff on over 800 categories of Chinese goods. These tariffs include nearly every component that goes into the manufacture of any piece of electronic hardware, from resistors to capacitors, semiconductors to microcontrollers, and even the raw components that are turned into printed circuit boards. These tariffs will increase the cost of materials for electronics, even if those electronics are ultimately manufactured in the United States because suppliers and subcontractors must source their materials from somewhere, and more often than not, that place is China.
Now, manufacturers are feeling the pinch. An email distributed by Moog Music last Friday has asked their supporters to contact their senators and representatives."