Mike Schmitt's sales team at his Ohio-based manufacturer The Metalworking Group was supposed to be out in the market expanding the firm's roster of clients, which currently includes the Department of Defense. Then the Trump administration's trade war hit, and hit hard.
New orders, both domestic and for export, are drying up as tariffs and the slowing global economy bite down on demand. "We are now in a position where we are receiving about 1.6 negative comments to one positive. That's been going on for the last couple of months. We peaked at three positive to one not-so-positive in May...before everything blew up in June."
"This is a long-term conversation. Obviously this is not pleasant. However, the big picture is, if you look with a 20-year view, or a 50-year view, we have to make sure that people don't steal our secret sauce, our innovations...I don't know if there's going to be a quick fix."
Fighting China is worth it... so the rest of the world (eg us in Oz )can pick up the extra trade the US is throwing away.
I have a challenge for all the media that Trump calls fake. For 120 hrs. Do not report anything about him. He won't be able to handle it. Pass it on. NoMediaReportsOnTrump120hrs
Nope. Your propaganda never works. Get ready for for an historic re-election in 2020. Moving on...
So many years ago those firms shouldn’t of been so greedy, that they agreed with China to provide them with their intellectual properties for cheap labor. Now they are trying to say China’s is a problem smh. You created the problem.
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