Tag Archives: China Manufacturing

Trump’s trade war with China is getting hot.

The U.S. and China trade war escalation continues with new tariffs of 10% on $200 billion of Chinese imports starting yesterday.

Let’s rewind back to March. President Trump tweeted that “trade wars are good, and easy to win”. Trump’s invite to this trade war was about unfair Chinese trade practices, including American companies being forced to surrender their trade secrets to obtain access to the Chinese market and cybertheft of U.S. technology. Many industry groups and both political parties would agree that China is at least partially guilty of such violations, but this unfolds a greater economic impact. Continue reading Trump’s trade war with China is getting hot.

China sets Tariffs on $60 Billion in U.S. Goods

The trade escalation continues as China set tariffs on $60 billion in U.S. goods after President Trump announced tariffs on $200 billion in Chinese goods. This escalation goes beyond the back and forth between the two countries, but they need to sit down and negotiate an outcome that benefits both parties. The credit-ratings agency, Moody’s, expressed that the tariffs will hurt the global economy “by distorting prices and creating inefficiencies globally.” Uncertainty still remains among many companies as they rely on global supply chains for their businesses.

Written by: Anthony Kuhn and Avie Schneider

Read Full Article Here

Meet David Chitayat, Group CEO of Genimex.

David has been in the contract manufacturing business for the last 15 years. This great video with our partner, Tracy Hazzard, highlights how we are turn-key with supply chain management and product development. Great overview of who we are and what we do!

A Brief Overview of What Trump’s Tariffs Have Wrought

President Trump and Vice President Pence meet with Harley-Davidson executives and Union Representatives on the South Lawn of the White House.
Jabin Botsford/The Washington Post/Getty

Read Article @ Rolling Stone

The president’s impulsive policy decision is already doing serious damage

President Trump has long felt the United States is getting ripped off when it comes to trade. He’s lamented it at campaign rallies, he’s tweeted about it repeatedly and this year he finally decided to do something about it. It’s a simple fix, Trump reasoned: Just tax the hell out of America’s biggest trade partners. “When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win,” Trump’s tweeted in March after imposing tariffs on foreign steel and aluminum. “Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!” Continue reading A Brief Overview of What Trump’s Tariffs Have Wrought

When Factories Have A Choice Between Robots And People, It’s Best To Start With People

Robotic arms weld vehicle frames in a weld shop at an automotive manufacturer in China. Photographer: Qilai Shen/Bloomberg

Robots can be flexible in some ways but are not yet infinitely flexible like humans are. Great article Written by Anna-Katrina Shedletsky  entailing the choice between robots and humans for the manufacturing process. You’ll be intrigued.

It’s lazy to think that a manufacturing process is better just because it’s automated. While the effort going on right now at the Tesla factory in Fremont is anything but lazy, it brings into the spotlight one of the core problems with the simplistic “automation for automation’s sake” strategy: processes that aren’t stable to begin with cannot be made stable with robots.
Continue reading When Factories Have A Choice Between Robots And People, It’s Best To Start With People

UPDATE: March 22nd, 2018: President Trump Proposes $50 Billion in Tariffs on China

Top 10 U.S. trading partners for goods ($billions), year-to-date 2017

With the United States pulling back into an isolationist and protectionist stance and China extending its reach as a new global economic leader, who will come out ahead on the balance sheet as these two giant trading partners adjust their positions?

“The eyes of the world are turning to the East. A historic opportunity has opened up a vast strategic space for us to gain superiority. The drawbacks of capitalism have provided China with its chance to ride to the world’s rescue. China offers a completely new option for solving the common problems of humankind. This new option is called, The China Solution.” {Front page editorial Jan. 15 People’s Daily}

Continue reading UPDATE: March 22nd, 2018: President Trump Proposes $50 Billion in Tariffs on China

Distributing your Brand in China

China represents a $250 billion market for US companies today, according to estimates of the U.S.-China Business Council. McKinsey & Company estimates that 76% of China’s urban population (550 million people) will be considered middle class by 2022 making it the 3rd-most populous country in the world with more than 160 cities with populations of at least 1 million.

Additionally, the e-commerce opportunity should not be missed with Chinese consumers buying $589.61 billion (+33.3% from 2014) worth of goods, according to the National Bureau of Statistics in China, compared to only $341.70 billion spent online in the US in 2015. The same year, China’s 500 largest e-retailers grew their combined online sales by 60% to $198 billion. Continue reading Distributing your Brand in China