This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
5 matching records found
US steel prices climbed to the highest in more than four years as President Donald Trump’s tariffs restrict foreign supplies, boosting domestic producers while raising costs for American manufacturers.
US auto tariffs do not fall only on foreign manufacturers; they tax a single production system spanning Michigan, Ontario and Mexico, raising costs for all. The post Auto Tariffs Hit North America Supply Chain appeared first on The Rio Times.
The European Union’s demand that Britain raise tariffs on Chinese cars exposes an awkward truth about post-Brexit trade. Britain might have left the EU, but it cannot easily escape the bloc’s industrial policy. According to the Financial Times, EU officials have told Prime Minister Andy Burnham that Britain needs to align more closely with EU trade policy towards China if it wants British manufacturers to avoid discriminatory treatment under the bloc’s proposed “Made in Europe” rules. The...
In the latest milestone for China’s heavy-duty gas turbine manufacturers, Shanghai Electric has secured a turnkey contract to supply equipment to a power plant in Malaysia, giving it a foothold in a market dominated by established foreign suppliers amid a global supply crunch. The state-owned conglomerate, based in Shanghai, hailed the deal reached earlier this month as evidence of the competitiveness of its integrated solutions and its capacity to design and manufacture crucial components...
Tokyo, Sept. 28 (Jiji Press)--The Bank of Japan's "tankan" quarterly survey for September, due out Thursday, is expected to show an improvement in business sentiment among major Japanese manufacturers, according to forecasts by private think tanks. Many think tanks, including Daiichi Life Research Institute Co., expect demand related to artificial intelligence and semiconductors to boost bu...