-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
IPC: New Tariffs on Mexican Imports Would Harm U.S. Companies and Customers
June 3, 2019 | IPCEstimated reading time: 1 minute
IPC, the global trade association for the electronics industry, supports the Trump administration’s efforts to pass the U.S.-Mexico-Canada Agreement (USCMA) but believes the imposition of new tariffs on Mexican imports to address immigration issues at the U.S.-Mexico border will harm U.S. electronics companies and their customers.
“New and escalating tariffs would make it harder and more costly for electronics companies and their customers to operate in the United States and add to already-heightened economic uncertainties,” said IPC President and CEO John Mitchell.
“Placing tariffs on Mexican imports would essentially be a new tax on U.S. companies that have invested in North American supply chains and would weaken their ability to compete globally in an industry notorious for thin margins,” Mitchell added.
According to a new report commissioned by IPC to examine the proposed U.S.-Mexico-Canada Agreement (USCMA), U.S. Electronics manufacturers and their customers have developed extensive North American supply chains over the last 25 years. These supply chains, which leverage the strengths of all three countries, have allowed U.S. manufacturers to grow domestically and better compete internationally.
Among its findings, IPC’s report noted:
- Bilateral trade between the United States and its North American counterparts is now six times larger than it was prior to NAFTA.
- The total value of U.S. electronics trade with Canada and Mexico was $155.5 billion in 2017.
- Electronics are a large share of U.S. exports to Mexico and Canada: 31% of all U.S. Exports of manufactured goods, natural resources and energy exports to Mexico, and 18% of such exports to Canada.
- Within the computer and electronics product manufacturing sector, inter-firm trade between the U.S. and Mexico is significant. Approximately 78% of all electronics imported from Mexico and 47% of all electronics exported to Mexico are between parent companies and their affiliates.
- Mexico imports 34% of U.S. printed circuit board production—larger than the next four largest markets combined.
IPC also believes the proposed tariffs would complicate efforts to win approval for USMCA in Congress.
Suggested Items
Warm Windows and Streamlined Skin Patches – IDTechEx Explores Flexible and Printed Electronics
04/26/2024 | IDTechExFlexible and printed electronics can be integrated into cars and homes to create modern aesthetics that are beneficial and easy to use. From luminous car controls to food labels that communicate the quality of food, the uses of this technology are endless and can upgrade many areas of everyday life.
Book Excerpt: The Printed Circuit Assembler’s Guide to... Factory Analytics
04/24/2024 | I-Connect007 Editorial TeamIn our fast-changing, deeply competitive, and margin-tight industry, factory analytics can be the key to unlocking untapped improvements to guarantee a thriving business. On top of that, electronics manufacturers are facing a tremendous burden to do more with less. If you don't already have a copy of this book, what follows is an excerpt from the introduction chapter of 'The Printed Circuit Assembler’s Guide to... Factory Analytics: Unlocking Efficiency Through Data Insights' to whet your appetite.
Listen Up! The Intricacies of PCB Drilling Detailed in New Podcast Episode
04/25/2024 | I-Connect007In episode 5 of the podcast series, On the Line With: Designing for Reality, Nolan Johnson and Matt Stevenson continue down the manufacturing process, this time focusing on the post-lamination drilling process for PCBs. Matt and Nolan delve into the intricacies of the PCB drilling process, highlighting the importance of hole quality, drill parameters, and design optimization to ensure smooth manufacturing. The conversation covers topics such as drill bit sizes, aspect ratios, vias, challenges in drilling, and ways to enhance efficiency in the drilling department.
Elevating PCB Design Engineering With IPC Programs
04/24/2024 | Cory Blaylock, IPCIn a monumental stride for the electronics manufacturing industry, IPC has successfully championed the recognition of the PCB Design Engineer as an official occupation by the U.S. Department of Labor (DOL). This pivotal achievement not only underscores the critical role of PCB design engineers within the technology landscape, but also marks the beginning of a transformative journey toward nurturing a robust, skilled workforce ready to propel our industry into the future.
Winner of The Science Show Rakett 69 Receives Incap Scholarship
04/24/2024 | IncapThe winner of the Rakett 69 science show, Andri Türkson, who stood out as an electronics enthusiast, received a scholarship from Incap Estonia, along with an internship opportunity in Saaremaa.