IPC Renews Concern Over Third Round of U.S. Tariffs on Chinese Imports
September 18, 2018 | IPCEstimated reading time: 1 minute
John Mitchell, IPC president and CEO, issued the following statement on the decision of the U.S. government to impose additional tariffs on about $200 billion worth of Chinese imports, the third such list announced this year.
“IPC backs robust efforts by the United States to address discriminatory treatment of U.S. companies by its trading partners. We hold this same position in each of the countries where we have member companies. Trade agreements are meaningful only so long as countries that voluntarily enter into them live up to the obligations they have made.
The United States has long-standing concerns about China’s technology transfer policies. The decision yesterday by President Trump to impose the most far-reaching tariffs yet on Chinese imports will further disrupt the international supply chains of many U.S. electronics companies. These disruptions will increase lead times, raise the cost of production and, in some cases, undermine the global competitiveness of U.S. manufacturing.
IPC urges the U.S. Trade Representative to intensify efforts resolve the trade dispute with China through bilateral negotiations and multilateral remedies. We also encourage the U.S. Government to continue its efforts to strengthen the electronics industrial base through a combination of tax, workforce, defense, and R&D policies. Such initiatives are the best way to revitalize the U.S. electronics supply chain for the long-term.”
About IPC
IPC is a global industry association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 4,400 member-company sites which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $2 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Washington, D.C.; Atlanta, Ga.; Brussels, Belgium; Stockholm, Sweden; Moscow, Russia; Bangalore and New Delhi, India; Bangkok, Thailand; and Qingdao, Shanghai, Shenzhen, Chengdu, Suzhou and Beijing, China.
Suggested Items
sureCore Now Licensing its CryoMem Range of IP for Quantum Computing
11/26/2024 | sureCoresureCore, the memory specialist, has announced that it is now licensing its CryoMem™ suite of Memory IP that is designed for use at the extremely low temperatures required for Quantum Computing (QC) applications.
Subdued Electronics Industry Sentiment Continues in November
11/25/2024 | IPCIPC releases November 2024 Global Sentiment of the Electronics Manufacturing Supply Chain report
NEOTech Significantly Improves Wire Bond Pull Test Process
11/25/2024 | NEOTechNEOTech, a leading provider of electronic manufacturing services (EMS), design engineering, and supply chain solutions in the high-tech industrial, medical device, and aerospace/defense markets, proudly announces a major advancement in its wire bond pull testing process, reducing manufacturing cycle time by more than 60% while maintaining industry-leading production yields of over 99.99%.
PCB Design Software Market Expected to Hit $9.2B by 2031
11/21/2024 | openPRThis report provides an overview of the PCB design software market, detailing key market drivers, challenges, technological advancements, regional dynamics, and future trends. With a projected compound annual growth rate (CAGR) of 13.4% from 2024 to 2031, the market is expected to grow from USD 3.9 billion in 2024 to USD 9.2 billion by 2031.
IPC Issues Clarion Call for EU to Reclaim Leadership in Electronics Manufacturing
11/21/2024 | IPCIPC released a synopsis of its recent white paper, Securing the European Union’s Electronics Ecosystem. This condensed document presents a comprehensive overview of the current challenges in Europe’s electronics manufacturing industry and shares actionable steps to help the EU achieve a stronger, more autonomous ecosystem.