Staying Competitive to Outlast the Trade War

We’ve been reading a lot about our nation’s imposition of tariffs on Chinese goods and the subsequent impacts they are having both domestically and abroad.  We are not foreign policy experts or economists but we do actively reach out to U.S.-based manufacturers and engineers.  Our goal is always to help U.S. businesses grow and remain competitive.  In a market we see as being made more competitive by fear, uncertainty, and doubt, we know one thing that always seems to help is the R&D Tax Credit. After the tariffs were first announced in Q2 of 2018, about 2.6 million new jobs were added to the U.S. economy, including 204,000 jobs in manufacturing.  However, some industries, such as chemicals, paper, and textiles … Read More