What the Election Results Mean for Manufacturing
OMA Connections Partner RSM has published this insight to examine federal policy implications and key issues for manufacturers following the 2020 elections. Key takeaways include:
- A Biden presidency is expected to be positive for infrastructure-based sectors, particularly power, electric equipment and HVAC systems.
- The incoming administration will “introduce the potential for a shift in U.S. trade relations with China.”
- Expect China tariffs “to continue for the near term.”
RSM says that manufacturers should use this time to evaluate the viability of their supply chains. 12/1/2020