Found in Robotics News & Content, with a score of 1.74
…NorthShore’s reliance on manufacturers in the U.S., Europe, and China, and it now ships to customers in Europe. As a result, the company is experiencing shutdowns, shortages, and unpredictable shipping. “Our overseas suppliers are backlogged, and our domestic suppliers are shut down,” said Greenberg. “Lead times from Asia have grown from five weeks to 15 to 20 weeks, and we have to add an extra four to six weeks from Europe. And we’re paying extra.” Because NorthShore Care’s customers rely on its products, it orders “just-in-case inventory, and then we add some,” he said, explaining the reason for the extra…
Found in Robotics News & Content, with a score of 0.95
…has talked openly about opening a trade war with China and our allies, and that war is apparently under way, with tariffs on aluminum and steel and the retaliatory tariffs already starting. “It’s far from certain that strong global trade flows will continue,” the report authors note. “U.S. trade policy has become less predictable as the current administration threatens established trade relationships in an effort to promote ‘reciprocal’ trade with better terms for U.S. companies.” And in a dire warning directly to international traders, the authors believe that “the industry should prepare risk mitigation plans and consider raising rates or…