Global MFG - Sep 19, 2022
Chinese Companies Turn to Mexico Amid U.S. Tariffs
The COVID-19 pandemic almost instantly threw a multi-year wrench into global supply chains — and highlighted the advantages of more compact logistics operations. For many U.S. companies, that has meant reshoring manufacturing operations from lower-wage nations back to the States. But for manufacturers in China who want to keep a foothold in the North American market, it means finding a way to get its operations closer to their end-markets.
Andy Szal and Eric Sorensen | Industrial Equipment News #china #mexico #tariff
Global MFG - May 21, 2019
Trump Lifts Tariffs on Mexico, Canada
Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America's allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe. By removing the metals tariffs on Canada and Mexico, Trump cleared a key roadblock to a North American trade pact his team negotiated last year. As part of Friday's arrangement, the Canadians and Mexicans agreed to scrap retaliatory tariffs they had imposed on U.S. goods.
Paul Wiseman, Tom Krisher, Kevin Freking, Rob Gillies | Industrial Equipment News (IEN) #canada #manufacturing #mexico #tariff
Global MFG - Feb 8, 2017
Why US Trade with Mexico and China Could Not Be More Different
Adams Nager, Economic Policy Analyst, the Information Technology & Innovation Foundation Losing a job to China is much more damaging for the United States than losing a job to Mexico.
Adams Nager | Industry Week #automotive #china #mexico #reshoring #trade
Iron Castings - Apr 14, 2016
Waupaca Foundry Announces Key Strategic Initiatives For Global Growth Following Merger
On April 1, 2016 the merger of Waupaca Foundry and Hitachi Metals Automotive Components USA (HMAC) was finalized. The merger solidifies Waupaca Foundry's vision to increase revenue and profitability while maintaining diversity across markets and sectors.