The ECIA Board of Directors and Council leaders assigned the GIPC (Global Industry Practices Committee) to anticipate the unwinding/untangling of inventory issues inflicted through the tariffs by identifying a checklist of areas and issues for consideration when tariffs are removed. Since the implementation of the China Tariff List 301 in July 2018 the electronic components…
Master Electronics, a leading global distributor of electromechanical, interconnect and passive components, announces it has established itself as a Tariff Free Zone in response to the 10-25% tariff increase on product lines originating from China. Riad Nizam, President of Master Electronics states, “At Master Electronics, we focus on ease of doing business and have a…
U.S. manufacturing activity accelerated in June—but so did anxieties around electronic component shortages and tariffs. The Institution for Supply Management’s leading production index, the PMI, increased by 1.5 percent in June to 60.2. However, electronic component constraints are being felt across multiple manufacturing sectors. “Electronic component supply issues continue to disrupt production,” a transportation industry…