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

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

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

By / Latest News / Sunday, 13 January 2019 17:35

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.

 

Associated Press News.

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NexPro Media Staff

NexPro Media Staff

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