Category Archives: Economy

USMCA is Just the Start

By Shawn DuBravac, IPC Chief Economist The United States-Mexico-Canada Agreement (USMCA) went into effect on July 1, replacing and modernizing the 26-year-old North America Free Trade Agreement (NAFTA). In many ways, the USMCA reinforces our continent-wide commitment to some $1.3 trillion in trilateral trade flows, while adding key provisions to bring the agreement into the […]

301 Tariff Update — U.S. Suspends Certain Import Duties

by Chris Mitchell, vice president, global government relations The U.S. Trade Representative (USTR) has prioritized the review of Section 301 exclusion requests related to the U.S. response to COVID-19. In March, USTR granted approximately 200 separate exclusions primarily covering personal protective equipment products and other medical-care related products. On March 20, USTR published in the […]

Real-time Update on Electronics Manufacturing and COVID-19 – April 6, 2020

As health officials around the globe struggle to “flatten the curve” of coronavirus cases, the electronics manufacturing industry continues to face ambiguous operating restrictions, uncertain economic conditions, abnormalities in supply chains, and greater gaps in the workforce. Over the past week, IPC has continued to monitor the health of the electronics manufacturing industry amid the […]

An IPC Policy Roadmap to Economic Recovery

By Chris Mitchell, vice president, global government relations As the unprecedented COVID-19 crisis continues to unfold, IPC is calling for a bold, sustained policy agenda to help the electronics manufacturing sector weather the economic downturn and support the economic recovery. There can be no doubt that governments all over the world should take extraordinary measures […]

The Coronavirus Outbreak Will Likely Impact New Product Introductions

By Shawn DuBravac, IPC chief economist and Matt Kelly, IPC chief technologist According to IPC’s recent Coronavirus impact study (March update), roughly 22 percent of electronics manufacturers and suppliers reported that the coronavirus outbreak will result in fewer new product introductions (NPIs) in 2020. In a normal year, original equipment manufacturers (OEMs) would be readying […]

Coronavirus Expected to Cause Five-Week Product Shipment Delays, Says Electronics Manufacturing Industry

Electronics manufacturers anticipate at least a five-week product shipment delay from suppliers due to the coronavirus epidemic, according to a survey conducted by IPC.  Shipping delays from China and other countries where the virus has spread are already having negative impacts on manufacturers. Roughly 65 percent of manufacturers report their suppliers expect, on average, a […]

Rising Tariffs Put a Painful Squeeze on Electronics Manufacturing

To determine the effects the U.S./China tariff dispute has on U.S. electronics manufacturers, IPC conducted a survey of its U.S. members. The results reflect how difficult it is for a global industry to navigate this uncertainty. IPC President and CEO John Mitchell provides details in his monthly IPC president’s message.

Trump’s FY2020 Budget Plan Kicks Off U.S. Policy Debates

by Ken Schramko, senior director, North American Government Relations Within the last week, U.S. President Trump released his $4.7 trillion fiscal 2020 budget plan, kicking off the annual federal budget process. IPC is watching several budget debates that could impact the electronics industry and its supply chain. It’s important to remember that Congress has the […]

New EU Chemicals Database on Candidate List Substances in Articles by 2021

As part of the European Union’s “circular economy” policy, EU officials want to expand the secondary raw materials market. The potential presence of chemicals of concern in recycled materials is seen as a potential barrier to the development of this market. Therefore, the European Chemicals Agency (ECHA) is working to establish a new database on […]

Consultation on the Interface Between the EU’s Chemical, Product and Waste Legislation

The European Union promotes a “circular economy” with closed-loop production based as much as possible on reparability, reusability and recycling. But in order for more products to be recycled or reused, it is crucial to tackle the challenges at the source, by ensuring that the product design facilitates recycling, and by substituting, whenever feasible, hazardous […]