Trade war's wounded: Companies improvise to dodge cost hikes

 

January 13, 2019



WASHINGTON (AP) — In Rochester, New York, a maker of furnaces for semiconductor and solar companies is moving its research and development to China to dodge President Donald Trump's import taxes — a move that threatens a handful of its 26 U.S. jobs.

In California's San Joaquin Valley, the CEO of a company that makes precision parts for the biomedical and chip making fields jokes bitterly that he's running "a nonprofit" and might have to cut jobs.

And west of Detroit, a metal stamping company that supplies the auto industry is losing business to foreign rivals because Trump's steel tarif...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Arc
Newsgram

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024