America’s trade dispute with China is a morass that threatens to become a tar pit for CEOs of many U.S. manufacturers, even as President Trump’s tariffs provide direct protection of many other companies. Steve Harriott, CEO of Watchfire Signs in Danville, Illinois, is one of the worried ones.
With new tariffs and tax reforms today’s business landscape presents a myriad of challenges, but it also provides a wealth of opportunities for strategic growth.
The trade battle between the U.S. and Chinese governments is in full swing, with tariffs on $34 billion in imported Chinese goods going into effect today, and China matching that number on a list goods imported from the U.S.
While trade wars and tariffs continue to make headlines, Snap-on Tools CEO Nick Pinchuk told Chief Executive that U.S. manufacturers are used to a shifting playing field.
Many CEOs at U.S.-based manufacturers are applauding President Trump's attempt to disrupt and overturn a global trade milieu of long standing that they believe has greatly disadvantaged American companies and exports overall.