Bowditch & Dewey: Embracing uncertainty: As the trade war wreaks havoc, Central Mass. manufacturers are urged to save cash and be proactive
“With the tariff and import restrictions changing as quickly as they are, businesses are being forced to hold-off on significant investment in manufacturing and supply until the landscape settles,” Fazendeiro said. “Many U.S. manufacturers and producers simply have no ability to absorb tariff costs where margins are already thin. This inability to absorb tariff costs forces producers to increase their prices, which creates problems with their commercial customers and consumers.”
Read more via the Worcester Business Journal: https://www.wbjournal.com/article/embracing-uncertainty-as-the-trade-war-wreaks-havoc-central-mass-manufacturers-are-urged-to