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Tariff Impacts Move from Jab to Uppercut

In some cases, companies in the manufacturing space need to make quick and efficient decisions regarding their supply chains.For more deetails visit at https://northamerica.global-imi.com/industries/automotive/<br>

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Tariff Impacts Move from Jab to Uppercut

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  1. TariffImpactsMovefromJabtoUppercut https://northamerica.global-imi.com/china-us-tariff/

  2. In the late 1990s to mid-2000s, there was a major global shift to source or manufacture products in Asia and parts of Eastern Europe for lower costsby leveraging lower labor costs and, in some cases, local foreign government incentives.

  3. Over the past 20 years, large global infrastructures have been created tosupport the global manufacturing and sourcing initiatives of such shifts. In the pressure for lower costs and increased revenues and profits, many organizations either built or outsourced their manufacturingoffshore.

  4. These tariff initiatives have proven challenging to the ElectronicManufacturing Services(EMS) space in that the industry has seen a huge increase inelectronic componentpricing.

  5. IMI also provides multiple manufacturing location options by having globalIMI also provides multiple manufacturing location options by having global footprintacross9countries(Philippines,USA,Mexico,Bulgaria,UK,Germany, Serbia, Singapore and China),

  6. This article isoriginally appearedon https://northamerica.global-imi.com/china-us-tariff/

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