Maintenance, Repair & Operations - Executive Summary Q2 2019

Q2 2019

Stalled trade negotiations and the subsequent escalation of tensions between the US and China have resulted in the US increasing current tariffs on $200 billion of Chinese goods from 10% to 25%.1 Industrial manufacturers exposed to rising import tariffs are expected to mitigate their exposure and cost by seeking alternative supply chains solutions and passing the cost onto customers. Faced with uncertainty in China, operators may seek alternative supply chains in Canada and Mexico following the elimination of tariffs on steel and aluminum in May.

Key Contacts

David Bench

Managing Director

Tracy Patch

Director
Christopher Cardinale

Christopher Cardinale

Vice President