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EU Tariffs Act as Catalyst, Chinese Automakers to Accelerate Launch of 14 New Overseas Plants

07/09/2024 | TrendForce
The EU has initiated provisional countervailing duties on Chinese-made BEVs as of July 4, 2024. While new tariff percentages have been announced, they show minimal change from the rates published on June 12.

Where Is the China Business Going?

06/19/2024 | Nolan Johnson, SMT007 Magazine
We met with Milwaukee Electronics’ CEO Jered Stoehr and Vice President of Sales Paul Forker to discuss the evolving dynamics of Mexico's role in global trade, particularly in comparison to China. The recent increase in trade with Mexico, due to the impact of tariffs on business opportunities, and the shift of some companies from China to Mexico stemming from factors like cost competitiveness and geopolitical risks, have been key to Mexico’s position as the number one trade partner with the U.S.

China Retains Market Advantage in Battery Development Despite US Raising Tariffs on Chinese Battery Imports to 25%

05/23/2024 | TrendForce
TrendForce posits that Chinese EVs account for less than 2% of the US EV market, making the actual impact of these tariff hikes minimal.

Accelerated Order Shift Effect from U.S. Tariff Barriers Boosts Utilization Rates at Taiwanese Semiconductor Foundries Beyond Expectations

05/22/2024 | TrendForce
The White House announced new tariffs on Chinese imports on May 14th, including a 50% tariff on semiconductor products manufactured in China, which will take effect by 2025.

Cypress Industries Expands PCB, High Level Assembly in Mexico

04/09/2021 | PRNewswire
Cypress Industries has added additional Printed Circuit Board Assembly (PCBA) lines and expanded our High Level Assembly (HLA) footprint at our Mexico plant in order to handle additional volume.
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