US ports breathe sigh of relief as tariff exemption saves US$ 130m
NewsUS ports welcomed a crucial tariff exemption, saving them over US$ 130 million in unexpected costs on Chinese-made cranes.
The problem the industrial brake industry faces is that while brake designs can be standardised, the demands for specific applications can differ. For examle, wind turbines represent a new and growing market for brake manufacturers. They have completely different operational parameters to container cranes yet need to be covered by a similar brake range.
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