THE STORY BEHIND HOW CHINESE RIBBON MANUFACTURERS ARE TAKING MARKET SHARE IN THE US

The trade deficit between the United States and China has reached new heights. While The President has been focused on steel and aluminum, another American industry, thermal ribbons, has been suffering. In this industry, Chinese manufacturers haven’t taken market share in the US with superior goods or clever marketing. Instead, they have taken US customers through import loopholes, government subsidies, and favorable export rebates. https://www.smithcorona.com/blog/how-china-is-killing-another-american-industry/

 

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