Author Topic: Borch delays US investment over tariff uncertainty  (Read 659 times)

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Offline ABX

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Borch delays US investment over tariff uncertainty
« on: May 08, 2018, 04:32:31 pm »
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Chinese injection press maker Guangzhou Borch Machinery Co. Ltd. said it remains committed to the U.S. market, but it is delaying plans to invest $6 million in a new U.S. headquarters, amid uncertainty over potential U.S. tariffs on plastics equipment from China.
In February, Borch said it was building a new U.S. headquarters in Ontario, Calif., but in an interview at NPE2018, company executives said the Trump administration's proposed 25 percent tariffs on Chinese-made plastics equipment were a concern.....

http://www.plasticsnews.com/article/20180508/NEWS/180509900/borch-delays-us-investment-over-tariff-uncertainty



Offline Frank Cannon

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Re: Borch delays US investment over tariff uncertainty
« Reply #1 on: May 08, 2018, 04:40:36 pm »
Wow. $6 million. What a huge investment.

BTW these Chinamen are upset about a tariff but not about the massive taxes in the state they are moving to or even the govt' controls in their home country?