Continuing China Tariffs and Tight Labor Market
Semco is a graphite company deeply connected to the national and world economies. As the American economy heats up, and the American consumer’s appetite for things like the graphite solutions that we offer increases, some issues we have signaled in the past are amplified. While demand grows, supply chain disruptions, lack of shipping containers, and green initiatives in China have stretched our ability to continue some of our relationships with Chinese vendors of graphite raw materials. The Trump administration’s tariffs, instituted a few years ago, seem to be here to stay under the Biden administration. This is unwelcome news for...
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