Tariff Threats Set Off Supply Chain Reaction - epsnews.com
Dec 5, 2024 · There’s a reason it’s called a supply chain.The threat of new tariffs on certain U.S. imports has the electronics manufacturing, distribution and logistics industries planning for increased costs and disruptions while hoping for a better business environment in 2025.. Incoming U.S. President Donald Trump said he would impose a 25 percent tariff on all products from Mexico and Canada, and ...
EPS News: Electronic Components & Supply Chain News
Year of Global Supply Chains Turbulent Landscape December 31, 2024 READ MORE Digital Twins: Transforming the Supply Chain December 27, 2024 READ MORE EV Battery Price Plunge Fuels Market Surge December 26, 2024 READ MORE CHIPS Act Investment and Supply Chain Challenges December 19, 2024 READ MORE EU and Mercosur Ink Historic Trade Deal December 16, 2024 READ MORE China Strikes Back with Supply ...
EV Makers Struggle with Slow Demand and Battery Shortages
Nov 26, 2024 · In the U.S., EV sales reached a record high in Q3 2024. EV sales were up 11 percent year-over-year, totaling 346,309 sales in the third quarter, according to CarEdge.com. At the same time, the U.S. wants to reduce its reliance on goods and materials from China, and a new administration could help or hinder EV sales in that nation.
Battery Technology Could Revive Adoption of EVs
Oct 3, 2024 · StoreDot, an Israeli battery startup, already demonstrated the benefits of new technology: a silicon-dominant XFC battery that can charge 100 miles of range in just five minutes.StoreDot successfully demonstrated the technology in a partnership with EV manufacturer Polestar, charging a 77 kWh battery from 10 percent to 80 percent in only 10 minutes. . Unlike typical fast charging, which ...
Samsung Reckons With Labor & Supply Chain Strife
Oct 9, 2024 · If successful, the Middle Eastern mega factories could help mitigate the global semiconductor supply chain risks, which have been exacerbated by pandemic-induced disruptions, geopolitical tensions—especially with China—and labor unrest in several countries.
How De Minimis Transactions Are Reshaping U.S. Import Rules
Nov 5, 2024 · The implications of this enforcement gap are substantial, as it undermines federal safety protocols and potentially exposes U.S. consumers to substandard or dangerous products. In 2023, over 1 billion shipments valued at approximately $54.5 billion were processed under de minimis rules, a dramatic increase from the 110 million shipments worth $0.05 billion in 2012.
EU and Mercosur Ink Historic Trade Agreement - epsnews.com
Dec 16, 2024 · “The conclusion of this deal will contribute to strengthening the global competitiveness of European automobile manufacturers by eliminating high tariffs and addressing technical barriers to trade in their exports to the Mercosur market,” stated Sigrid de Vries, director general of ACEA.“This positive news comes at a pivotal moment for the automotive industry, which is currently facing ...
VMware Explore Unsettled in Wake of Broadcom Buy
Nov 18, 2024 · Tan attested Broadcom’s commitment to innovation, pledging a $1 billion investment in this area. He highlighted VMware Cloud Foundation (VCF) as the cornerstone of their future strategy. He portrayed VCF as a comprehensive, modernized platform for cloud infrastructure, offering “fully software-defined compute, networking, storage, and management—all in one product with automated and ...
Year of Global Supply Chains Turbulent Landscape
5 days ago · A delicate balancing act using tariffs. As the U.S. navigated a complex geopolitical landscape, tariffs remained a key tool in its trade arsenal. The Biden administration continued to grapple with the legacy of tariffs imposed during the Trump era, seeking to balance the protection of domestic industries with the need to mitigate inflationary pressures and …
Future CHIPS Act Investment Remains Unclear - epsnews.com
Dec 19, 2024 · The CHIPS and Science (CHIPS) Act, introduced under the Biden-Harris administration, has led to important investments in the U.S. semiconductor industry.The goal is to strengthen domestic manufacturing and reduce dependence on foreign suppliers. However, with President-elect Trump set to take office, the future of this industrial policy remains unclear and could face significant challenges.