On Monday night, the US Trade Representative (USTR) finalized a new round of tariffs on $200 billion in Chinese imports, and the impact on tech companies will be severe. Starting next week, affected goods will face a 10 percent tax as they enter the country, rising to 25 percent at the end of the year. The tariffs spare the most popular consumer products like phones and computers, but a wide range of electronics are listed, including printed circuit boards, power assemblies, and computer chips. Nearly every US company doing business in China will be affected in some way, but for smaller companies that are importing Chinese components, it could be catastrophic. The result is a new disadvantage for US assembly plants, left as collateral…
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