Germany news
fromThe Local Germany
6 days agoGerman truckmaker MAN set to cut 2,300 jobs
MAN will cut about 2,300 German jobs by 2030 and shift production to lower-cost Poland due to weak demand, high costs, and Asian competition.
#manufacturing-relocation
#manufacturing-relocation
[ follow ]
fromwww.aljazeera.com
1 week agoUS to slash tariffs on Switzerland to 15% from crippling 39%
The United States will slash its tariffs on goods from Switzerland to 15 percent from a crippling 39 percent under a new framework trade agreement that includes a pledge by Swiss companies to invest $200bn into the US by the end of 2028, the Swiss government has said. The announcement by Swiss Economy Minister Guy Parmelin on Friday brings the US tariff rate on Swiss goods in line with those from the European Union (EU). Parmelin told a news conference that the tariff reduction would provide relief for about 40 percent of Switzerland's total exports.
Black Lives Matter
World news
fromTechCrunch
1 month agoMicrosoft, AWS and Google are trying to drastically reduce China's role in their supply chains | TechCrunch
Microsoft, Amazon, and Google are accelerating moves to shift production and data center component sourcing out of China amid rising U.S.–China geopolitical tensions.
fromFortune
2 months agoThere's an upside to Trump tariff disruptions that could boost the bottom line for American businesses, global supply chain expert says
The onset of tariffs forced businesses to quickly decide whether to pass on the cost to customers or eat it themselves. Some businesses have even decided to up and move manufacturing facilities to the U.S. to circumvent at least some of the blow. From an outsider's perspective, this feels like a one-two punch for consumer goods companies, manufacturers, and supply chain practitioners-especially since many had only recently recovered from the massive disruptions caused by the COVID-19 pandemic.
US politics
[ Load more ]