Paul Shekoski is not sitting idly by waiting for the U.S.-China trade war to end.
Shekoski’s company relies on imports of weather-monitoring devices it has made in China. But last year, it paid more in duties than it made in profit because of President Donald Trump’s tariffs. Now he’s examining every legal option to avoid the duties — including relocating his production to Mexico.
“It has the potential of putting us out of business if we don’t do anything,’’ Shekoski, chief executive of the Wisconsin-based Primex Family of Companies, said by phone from Hong Kong, where he was investigating potential changes to his Chinese supply chain.
[Read more here]