New US Tariffs are Anti-Maker and Will Encourage Offshoring
The new 25% tariffs announced by the USTR, set to go into effect on July 6th, are decidedly anti-Maker and ironically pro-offshoring. I’ve examined the tariff lists (List 1 and List 2), and it taxes the import of basic components, tools and sub-assemblies, while giving fully assembled goods a free pass. The USTR’s press release … Continue reading New US Tariffs are Anti-Maker and Will Encourage Offshoring
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