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Imported tools

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Imported tools

#1

Imported tools

Fred in NC

>It appears that the yuan (Chinese currency) is going up. The initial 2.1 percent increase is an indicator that our imported tools will soon cost more. Further increases are expected.

While this will definitely affect the cost of a lot of our tools, I hope soon the our industry will be revived and soon we will, once again, "be proud to buy American."

Re: Imported tools

#2

Re: Imported tools

McKay Sleight

>I purchased a small grinder Chinese made once. Never again. I really do not think that it will affect my purchases unless the English pound goes up or the Euro raises against the dollar. I lived in Japan for two years and admire the people and their tools so I guess that I am more concerned with the three currencies.

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