The US-China trade war
After the USA president stated that the previous tariffs of 10% levied in $200 billion worth of Chinese goods would be raised to 25% on May 10. Not for long China also raised tariffs on $60 billion worth of US goods June 1, 2019. The United States-China trade war has begun, and this war would hurt many industries, including the manufacturing industry since it raises 25% in the cost.
However, many companies have already come up with the idea that they can transfer orders to other countries, such as Vietnam and Taiwan. What’s more, Taiwan has more mature and professional skill and extensive experience in manufacturing precision metal parts. As a result, Taiwan could benefit from order transfer amid a new round of US import tariffs on China.
Do you concern the cost of manufacturing would increase? Don’t be hesitating to contact us to have more information. We assure to give you the best quality products and the most competitive price.
The photo is from Taiwan News-https://www.taiwannews.com.tw/en/news/3715893