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Global MFG - Jan 15, 2020

U.S. China reset trade relationship with Phase 1 agreement

U.S., China reset trade relationship with Phase 1 agreement
The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved.

Jeff Mason and Andrea Shalal | Automotive News
#china #tariff
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Global MFG - Jul 15, 2019

Trump signs order to make American-made goods more American

Trump signs order to make American-made goods more American
President Donald Trump signed an executive order Monday that will require federal agencies to purchase products using more American components.

Associated Press | timesfreepress.com
#china #manufacturing
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Waupaca Foundry

Global MFG - Jul 8, 2019

The Lost Art of Building Supplier Relationships

The Lost Art of Building Supplier Relationships
Over the years, I've contributed about 90 articles to IndustryWeek. One of them " It Takes Two to Tango ," from 2015, dealt with the fact that in supply chain negotiations, there is middle ground if both sides are willing to compromise. The headline, suggested by my then-editor, was a bit of a stretch for me; I didn't understand how it related to the content of the article. But now I know what he was getting at. Tango dancers must coordinate and collaborate to the nth degree to successfully execute the dance.

Paul Ericksen | IndustryWeek
#china #oem #supplier
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Waupaca Foundry

Global MFG - May 20, 2019

China Trade Conflict Brewing for 20 Yrs

China Trade Conflict Brewing for 20 Yrs
The U.S.-China trade blowup was a long time coming. And it won't be easily resolved, not even if U.S. and Chinese negotiators reach a truce in the next few weeks that reassures jittery financial markets. Tensions between the world's two biggest economies intensified over the last week. The Trump administration more than doubled tariffs on $200 billion in Chinese imports and spelled out plans to target the $300 billion worth that aren't already facing 25% taxes. The escalation covers everything from sneakers to toasters to billiard balls.

Paul Wiseman, Martin Crutsinger, Christopher Rugaber | Industrial Equipment News (IEN)
#china #manufacturing #trade
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Waupaca Foundry

Global MFG - Aug 28, 2017

Efficient U.S. factories compete with Chinas cheap labor

Efficient U.S. factories compete with China's cheap labor
America is the new manufacturing magnet -- for American and Chinese automotive investors. What counts are total manufacturing costs, and America is starting to look very competitive. China's manufacturing cost advantage over the United States has shrunk to just 1 percent, according to a study by the Boston Consulting Group published this year. What's going on here? America's higher levels of automation and lower input costs (such as electricity) have triggered dramatically better productivity. UAW wage concessions are playing a role, too.

Michael Dunne | Automotive News China
#automation #china
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Waupaca Foundry

Global MFG - Apr 3, 2017

If US trade with China is so unfair, why is GM the best-selling car there?

If US trade with China is so unfair, why is GM the best-selling car there?
Will the world's two largest economies finally come to a fight over the price of cars? Ahead of a high-stakes summit with Chinese leader Xi Jinping, Donald Trump's 'White House' has made clear that it isn't happy with China's high tariffs on imported American automobiles. These contribute, it says, to the US's total trade deficit with China,...

Tim Fernholz | Quartz
#automotive #china
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Waupaca Foundry

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