AEC Industrial Magnetics Manufacturing

4699 Interstate Drive
Cincinnati, OH 45246

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Permanent & Electromagnets for Automation | AEC Magnetics

AEC Electromagnets300The United States today announced its intention to slap tariffs on $50 billion in China imports, the latest in retaliation and counter-retaliation moves by both countries in their ongoing trade war.  President Trump, angered over what he sees as China's theft of U.S. intellectual property, imposed metal tariffs on China.  As a countermeasure, China said yesterday it was tagging $3 billion in U.S. imported pork, fruit and wine with tariffs.  The U.S. upped the ante today, publishing a list of $50 billion dollars worth of Chinese imports to be hit with tariffs, 1,300 items in all. The list includes electronics, aircraft parts, satellites, medicine and machinery.  There are some magnets and magnetic equipment on the list, including electromagnets. Since AEC Magnetics handcrafts ALL of its electromagnets, this is not an issue.  AEC Magnetics will continue to bring you updates on the situation.  The U.S. says U.S. businesses will get a chance to weigh in on the affect this will have on their businesses and customers May 15.