Domestic Electronics Manufacturers Grappling with Higher Costs from U.S. and Chinese Tariffs
On average, surveyed U.S. electronics companies report they have seen tariff increases on 31% of the total dollar value of the products they import.
According to a member survey conducted by IPC from September 25-October 2, almost 90% of U.S. electronics manufacturers are troubled by the higher tariffs imposed by the U.S. and China on each other’s imports. In addition, some domestic electronics manufacturers are investing less in the U.S. and hiring fewer workers as a result.