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CHICAGO (Reuters) - Encouraged by a booming demand for construction equipment, Mike Haberman was planning in early February to hire at least 30 more workers for the manufacturing facility of his Gradall Industries in Ohio. That plan now is shelved, Haberman said, because the cost of steel used in Gradall’s telescopic excavators and vacuum trucks shot up by one-third following President Donald Trump’s crackdown on steel imports. As steel costs account for 35 percent of his cost of production, he fears rising prices would not only hurt his export sales, but also give an edge to foreign rivals at home.
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Nicole Sahin, chief executive at recruitment firm Globalization Partners in Boston, says a large multi-national client of hers recently pulled back from an $800 million investment in a U.S.-based energy project after rising steel costs made the investment not viable.
Sahin said all her clients who are exposed to steel prices have put their investment plans on hold because of the business “uncertainty” caused by the tariffs.
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In a March study, Trade Partnership Worldwide, LLC estimated the steel and aluminum tariffs would result in a net loss of nearly 470,000 U.S. jobs. The proposed tariffs on Chinese imports, the Washington-based consulting firm estimates, would put 134,000 jobs at risk.
“There is just no way to sustain expansion, develop new products and bring on new employees - as we thought we were going to do this year,” said Troy Roberts, chief executive officer at Colorado Springs-based Qualtek Manufacturing.
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Faced with supply delays, some manufacturers have decided to pay the tariffs and get the metals from overseas.
The Vollrath Company in Wisconsin, which makes cookware and bakeware items, has started importing aluminum from China after local mills couldn’t meet its demand.
Vollrath employs 1,000 people in Wisconsin and had plans to hire 25-50 workers this year. But with the tariffs weighing on its profitability, Heun says the company is looking for ways to trim costs and has halted new hiring.
“If there was any positive feeling about the tax overhaul, clearly, it’s been wiped out,” said Heun.
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Yep, looks like those goddamn chinks are learning a very painful lesson: don’t mess with the Unirred States of Ameeka.
[SIZE=5]USA!! [/SIZE][SIZE=6]USA!!! [/SIZE][SIZE=7]USA!!![/SIZE]
http://www.cbc.ca/dragonsden/content/images/s8e13/kevin_cry_laughing2.gif
As Trump’s tariffs bite, small U.S. manufacturers begin to tap the brakes
Ngoja sasa @patco akuje akojolee hii thread yako na ma essay zake. :D:D
Those companies you quoted are in USA not Shaina. I don’t gerrit.
niliambiwa na @Budspencer ati anaumua na roho akiniona niki comment. wacha nimwachie hii niskie maoni yake ya maana. @Budspencer the floor is yours take it away motherfucker.
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you’re slow today sir
Mr Know-it-all lazima aonyeshe anajua. I told him to his face. Even though I touch a raw nerve coz he’s still whiny, solo liliingia. Sahii anaheshimu watu kabisa. Hawezi kojolea hii thread
Unacheka cheka nini sasa?
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okay hio ni sambamba. know-it-all ameskia. na si utuelimishe basi. si utufunze kitu mpya mwalimu. hiyo yako ya maana si utuambie basi tusikie.
Aii kwani umenyamaza @Budspencer? Si uelemishe raiya tukuskie. Si hii ni shule na wewe ndio principal si utuhutubie tukuskie. Si utupatie mawaidha?!
Zoea kuheshimu opinion pieces za watu na uongezee ama ufunge bakuli. Ni Mimi nimetajwa hapo juu ati nitaderail thread?? Unajulikana hapa my fren. And if you think I’ll keep engaging you, endelea kuota. Got better things to do. Bottom line is that now you’ll respect threads and the contributors
Mwalimu, tupatie mawaidha. Tell us about China reeling under Trump’s tariff hikes. Give us your wise counsel so that we who are idiots may bathe in your glorious wisdom.
Since wewe ndio huwa unalipia watu bundles kwa simu waongee ktalk. Wewe ndio husema nani ataongea na ni nani atanyamaza si utuelimishe basi tukuskie. Oh great and mighty sage.
Truth is China needs to open up its Economy to foreign investment and with with its plan to move its economy to high technology in AI, Biotech and Aerospace China requires major policy reform in intellectual property laws.
That being said USA wont stop the rise of China. If 1800s was the Century of Britain, 1900s the century of USA then 2000s will surely be of China… China was a Great world power before the Europeans(britain mainly) fucked them through the Opium.
i thought they did this a long time ago. these US companies already manufacture in China…
American & International Corporations In China-
NOTATION- even though this is a very long list of American and other foreign corporations in China,
it is certainly not a complete listing. We have only included a few of the names you may recognize.
This is a list of companies who either own factories, or have contract factories producing their products
in China. Some of the companies produce 100% of their products there, and others only produce parts,
or certain ingredients for their products. The list below is approximately 1% of the actual Corporate list.
Companies such as Avon, GE, and AT&T for example, have been in China and manufacturing products
for 20 to 30 years. Most American consumers simply had no idea. Previously their source was Japan.
AT&T
Abercrombe & Fitch
Abbott Laboratories
Acer Electronics
Ademco Security
Adidas
ADI Security
AGI- American Gem Institute
AIG Financial
Agrilink Foods, Inc. (ProFac)
Allergan Laboratories
American Eagle Outfitters
American Standard
American Tourister
Ames Tools
Amphenol Corporation
Amway Corporation
Analog Devices, Inc.
Apple Computer
Armani
Armour Meats
Ashland Chemical
Ashley Furniture
Associated Grocers
Audi Motors
AudioVox
AutoZone, Inc.
Avon
Banana Republic
Bausch & Lomb, Inc.
Baxter International
Bed, Bath & Beyond
Belkin Electronics
Best Buy
Best Foods
Big 5 Sporting Goods
Black & Decker
Body Shop
Borden Foods
Briggs & Stratton
Calrad Electric
Campbell 's Soup
Canon Electronics
Carole Cable
Casio Instrument
Caterpillar, Inc.
CBC America
CCTV Outlet
Checker Auto
CitiCorp
Cisco Systems
Chiquita Brands International
Claire’s Boutique
Cobra Electronics
Coby Electronics
Coca Cola Foods
Colgate-Palmolive
Colorado Spectrum
ConAgra Foods
Cooper Tire
Corning, Inc.
Coleman Sporting Goods
Compaq
Crabtree & Evelyn
Cracker Barrel Stores
Craftsman Tools (see Sears)
Cummins, Inc.
Dannon Foods
Dell Computer
Del Monte Foods
Dewalt Tools
DHL
Dial Corporation
Diebold, Inc.
Dillard’s, Inc.
Dodge-Phelps
Dole Foods
Dollar Tree Stores, Inc.
Dow-Corning
Eastman Kodak
EchoStar
Eclipse CCTV
Edge Electronics Group
Electric Vehicles USA, Inc.
Eli Lilly Company
Emerson Electric
Enfamil
Estee Lauder
Eveready
Family Dollar Stores
FedEx
Fisher Scientific
Ford Motors
Fossil
Frito Lay
Furniture Brands International
GAP Stores
Gateway Computer
GE, General Electric
General Foods International
General Mills
General Motors
Gentek
Gerber Foods
Gillette Company
Goodrich Company
Goodyear Tire
Google
Gucci
Guess?
Haagen-Dazs
Harley Davidson
Hasbro Company
Heinz Foods
Hershey Foods
Hitachi
Hoffman-LaRoche
Holt’s Automotive Products
Hormel Foods
Home Depot
Honda Motor
Hoover Vacuum
HP Computer
Honda
Honeywell
Hubbell Inc.
Huggies
Hunts-Wesson Foods
ICON Office Solutions
IBM
Ikea
Intel Corporation
J.C. Penny’s
J.M. Smucker Company
John Deere
Johnson Control
Johnson & Johnson
Johnstone Supply
JVC Electronics
KB Home
Keebler Foods
Kenwood Audio
KFC, Kentucky Fried Chicken
Kimberly Clark
Knorr Foods
K-Mart
Kohler
Kohl’s Corporation
Kraft Foods
Kragen Auto
Land’s End
Lee Kum Kee Foods
Lexmark
LG Electronics
Lipton Foods
L.L. Bean, Inc.
Logitech
Libby’s Foods
Linen & Things
Lipo Chemicals, Inc.
Lowe’s Hardware
Lucent Technologies
Lufkin
Mars Candy
Martha Stewart Products
Mattel
McCormick Foods
McDonald’s
McKesson Corporation
Megellan GPS
Memorex
Merck & Company
Michael’s Stores
Mitsubishi Electronics
Mitsubishi Motors
Mobile Oil
Molex
Motorola
Motts Applesauce
Multifoods Corporation
Nabisco Foods
National Semiconductor
Nescafe
Nestles Foods
Nextar
Nike
Nikon
Nivea Cosmetics
Nokia Electronics
Northrop Grumman Corporation
NuSkin International
Nutrilite (see Amway)
Nvidia Corporation (G-Force)
Office Depot
Olin Corporation
Old Navy
Olympus Electronics
Orion-Knight Electronics
Pacific Sunwear, Inc.
Pamper’s
Panasonic
Pan Pacific Electronics
Panvise
Papa Johns
Payless Shoesource
Pelco
Pentax Optics
Pep Boy’s
Pepsico International
PetsMart
Petco
Pfizer, Inc.
Philips Electronics
Phillip Morris Companies
Pier 1 Imports
Pierre Cardin
Pillsbury Company
Pioneer Electronics
Pitney Bowes, Inc.
Pizza Hut
Plantronics
PlaySchool Toys
Polaris Industries
Polaroid
Polo (see Ralph Loren)
Post Cereals
Price-Pfister
Pringles
Praxair
Proctor & Gamble
PSS World Medical
Pyle Audio
Qualcomm
Quest One
Radio Shack
Ralph Loren
RCA
Reebok International
Reynolds Aluminum
Revlon
Rohm & Hass Company
Samsonite
Samsung
Sanyo
Shell Oil
Schwinn Bike
Sears-Craftsman
Seven-Eleven (7-11)
Sharp Electronics
Sherwin-Williams
Shure Electronics
Sony
Speco Technologies/Pro Video
Shopko Stores
Skechers Footwear
SmartHome
Smucker’s (see J.M. Smucker’s)
Solar Power, Inc.
Spencer Gifts
Stanley Tools
Staple’s
Starbucks Corporation
Steelcase, Inc.
STP Oil
Sunkist Growers
SunMaid Raisins
Sunglass Hut
Sunkist
Subway Sandwiches
Switchcraft Electronics
SYSCO Foods
Sylvania Electric
3-M
Tai Pan Trading Company
Tamron Optics
Target
TDK
Tektronix, Inc
Texas Instruments
Timex
Timken Bearing
TNT
Tommy Hilfiger
Toro
Toshiba
Tower Automotive
Toyota
Toy’s R Us, Inc.
Trader Joe’s
Tripp-lite
True Value Hardware
Tupper Ware
Tyson Foods
Uniden Electronics
UPS
Valspar Corporation
Victoria 's Secret
Vizio Electronics
Volkswagen
VTech
Walgreen Company
Walt Disney Company
Walmart
WD-40 Corporation
Weller Electric Company
Western Digital
Westinghouse Electric
Weyerhaeuser Company
Whirlpool Corporation
Wilson Sporting Goods
Wrigley
WW Grainger, Inc.
Wyeth Laboratories
X-10
Xelite
Xerox
Yahoo
Yamaha
Yoplait Foods
Yum Brands
Zale Corporation
SOURCE: Shipping database. US Customs database. Chinese government publications/database.
@Budspencer unataka niku terrorize cha ukweli kenyanlist style hadi ufunge hio handle yako utoroke kabisa? Nikusumbue ushindwe na kupumua. You want me to be your problem?
Be careful who you pick your fights with. Ni vile tu hapa sio klist.
The issue is about the Chinese forcing American firms to share their technology and proprietary knowledge, which soon finds its way into local Chinese firms. Forced technology transfer that is.
well, if you don’t like the terms of manufacturing in china …
They’re not forced. When you force someone into doing something, you do not give them a choice. The Chinese give the Americans a choice: share your technology if you want to access our market. The fact that they choose to share the technology means that the huge Chinese market is worth it. Companies like Google have largely been locked out of the market, that hasn’t stopped them from posting billions of dollars in profit. The Germans also slowed down on their foray into the Chinese market when they realized that the more they invested in the country, the more their (German) products were counterfeited. So they chose to maintain most of their production in Germany. They decided to maintain quality and keep charging a premium for their quality products. The German economy is still strong.
America seems to have expected China to remain a manufacturer of low quality products, while importing high quality American products like engines and other machinery. The fact that the Chinkus are still making cheap products, while rapidly mastering the high technology game, means the Americans are fucked. They miscalculated, so they only have themselves to blame.
That’s the thing, the market is so big, hizi companies zinapiga hesabu zinaona ziingie tu. Happened with high speed rail. The next industry ni aviation, akina boeing wanasikia tamaa ya the big market lakini hawataki ku share siri, dilemma