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Politics : Formerly About Advanced Micro Devices

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To: THE WATSONYOUTH who wrote (1067068)4/27/2018 6:31:48 PM
From: Brumar89  Read Replies (1) of 1578891
 
“Looking at manufacturing our product in Mexico. Any additional tariffs on Chinese products will impact the number of employees due to lost sales”

“Trade talks with China decreased our profitability. We’ve recovered most of that now, but short term impact is real and continues to linger”

“We are working with a potential partner in China who would like to import our equipment. The current environment adds uncertainty to this opportunity.”

“Initially, the future prospect of higher steel and aluminum prices forced manufacturers, such as ours, to buy material in advance of the need, otherwise face a price increase. That caused a run on available material, to which now there is a shortage. This is causing raw material cost increases to which we are having to absorb. We expect a negative short term effect on profitability until we can hopefully pass on the higher cost to our customers. In the meantime imported material costs are not changing and are negatively effecting competitiveness of domestically produced products.”

https://www.kansascityfed.org/~/media/files/publicat/research/indicatorsdata/mfg/2018/2018apr26mfg.pdf?la=en

Sound like winning?
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