6 years ago
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Donald Trump’s new tariffs are disastrous for synthesizer manufacturers
It’s easy to overlook Donald Trump’s new tariffs amidst the caterwauling din that is our 24-hour news cycle, but Harley Davidson isn’t the only business to be impacted by the president’s tax battles. Moog Music, the company behind the iconic Moog synthesizer, may also have to take its business overseas, resulting in massive layoffs. Moog sent out an e-mail to customers this warning customers that an impending 25% import tax on Chinese circuit boards and associated components will “immediately and drastically increase the cost of building our instruments...
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Such a shame.