Tariffs are dominating the news these days with the story changing almost hourly. What countries or industries will President Trump target next? Who will retaliate?
Freedonia’s new white paper draws upon the experience of its industry analysts to assess the potential impact of the latest tariffs on industries ranging from appliances to wine. This new analysis provides quick, easy to read summaries of how tariffs could impact 20 key US industries.
The World Trade Organization announced today the imposition of new tariffs on certain fastener products imported from the U.S. by European Union countries, effective June 22, 2018:
| CN Code | Description | Additional Duty |
| 73181410 | Self-tapping screws, of iron or steel (other than stainless (excl. wood screws) | 25% |
| 73181491 | Spaced-thread screws of iron or steel other than stainless | 25% |
| 73181499 | Self-tapping screws of iron or steel other than stainless (excl. spaced-thread screws and wood screws) | 25% |
| 73181640 | Blind rivet nuts of iron or steel other than stainless | 25% |
| 73181660 | Self-locking nuts of iron or steel other than stainless | 25% |
| 73181692 | Nuts of iron or steel other than stainless, with an inside diameter <= 12 mm (excl. blind rivet nuts and self-locking nuts) | 25% |
| 73181699 | Nuts of iron or steel other than stainless, with an inside diameter >= 12 mm (excl. blind rivet nuts and self-locking nuts) | 25% |
A Press Release from the Fastener Training Institute
Officer elections were held at our most recent Board of Directors meeting. We’re pleased to announce the following:
Fastener Fair Stuttgart 2019 will take place from 19 – 21 March 2019 at Messe Stuttgart in Germany. The 8th International Exhibition for the Fastener and Fixing Industry will once again occupy halls 1, 3 and 5 at the Stuttgart Exhibition Centre. Less than one year ahead of the show stand bookings are already well underway. The organiser Mack Brooks Exhibitions also announces that, for the first time during Fastener Fair Stuttgart 2019, there will be a special area for bonding and adhesive technologies, the “Bonding & Adhesive Technology Area”.
Over 700 companies from 38 countries have currently already secured their stand space at the International Exhibition for the Fastener and Fixing Industry. Amongst them are companies from Germany, Italy, the Netherlands, Spain, the United Kingdom, Turkey, China, India and Taiwan. To date, more than 18,000 square metres of the available net exhibition space have been booked or reserved. Hence, 85% of the total available stand space has been secured by exhibiting companies, around one year ahead of the show.
A Message From Bruce Merrifield
Following Amazon innovation news and making sense of it for legacy-distribution-channel players is a full-time job. I’ve been doing my best at this quest for most of 2017. Now, the University of Innovative Distribution (http://www.univid.org/aws/AEA/pt/sp/uid_home) has asked me to do a “NEW” day long course on this topic on March 13 in Indianapolis.
The Gilchrist Foundation has awarded the final scholarship for 2017. Ryan Payne was awarded the scholarship via the Mid-West Fastener Association. Ryan will join the three previous scholarships from the 2017 applicants. Congratulations to the recipients. We wish them well and are pleased to assist them with their education.
They are as follows and their sponsoring companies;
A Message From International Fastener Expo
From October 17 through 19, North America’s largest and most well-known gathering of fastener industry professionals returned to Las Vegas for the 37th consecutive International Fastener Expo. We want to thank all of our amazing media partners, corporate sponsors, exhibitors and attendees for making 2017 the expo’s greatest year yet.
