Global Fastener News

Global Fastener News

    U.S. Trade Truce With China Defers Fastener Tariff Hikes

U.S. Trade Truce With China Defers Fastener Tariff Hikes

October 14
15:07 2019

The duties, originally set to increase on October 1 to 30% from 25% on the goods, including bolts, screws and other fasteners manufactured in China, had been delayed two weeks “as a gesture of goodwill.”
U.S. tariffs imposed September 1 on another $300 billion worth of Chinese imports, including all iron and steel nuts (HTS subheading 7318.16.00) imported from China, remain in place.

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News Briefs

Boltun Corp. Building Two Plants in Taiwan

October 14
15:52 2019

Weld nuts manufacturer plans to establish plants in Rende and Yongkang districts of Tainan, Taiwan, Fastener World reports.

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Headlines
    U.S. Tariffs On Chinese Fasteners Delayed 2 Weeks

U.S. Tariffs On Chinese Fasteners Delayed 2 Weeks

October 01
09:34 2019

U.S. President Donald Trump agreed to delay increasing tariffs on $250 billion worth of Chinese imports from Oct. 1 to Oct. 15 “as a gesture of good will,” Reuters reports. The tariffs were set to increase to 30% from 25% on the goods, including bolts, screws and other fasteners manufactured in China.

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    Rosenberg Offers Source For Fastener Machine Operators

Rosenberg Offers Source For Fastener Machine Operators

October 10
21:50 2019

Citing the “high unfilled demand for skilled workers,” the founder and president of the Uniquely Abled Project has worked with the Industrial Fasteners Institute to develop a program for fastener manufacturers in accessing and hiring individuals “who often are ideal matches for the jobs in fastener manufacturing.”

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Product News
    EFC Offers Swing Couplings

EFC Offers Swing Couplings

September 04
23:25 2019

Smart solutions for industrial connections—increased safety and ease of use while saving energy and money.

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