76 SMT007 MAGAZINE I FEBRUARY 2025
The U.S. Department of Commerce announced that CHIPS for America
awarded the Semiconductor Research Corporation Manufacturing Con-
sortium Corporation (SRC) $285 million to establish and operate a CHIPS
Manufacturing USA institute headquartered in Durham, North Carolina.
Biden-Harris Administration Awards SRC
$285M for New CHIPS Manufacturing USA
Institute for Digital Twins
TOP TEN
EDITOR'S
PICKS
Marcy LaRont, a printed circuit board (PCB)
industry veteran who has been working
as the managing editor for PCB007
Magazine this past
year, has been named
executive director
of the I-Connect007
group of publications,
which was purchased
by IPC in 2022. She
succeeds Barry
Matties, publisher
and original founder of the I-Connect007
publications, who will continue on in an
advisor capacity.
Marcy LaRont Named
I-Connect007 Executive Director
Global Citizenship: The Future
of U.S.-China Collaborations
The PCB industry
is often referred
to as the back-
bone of modern
electronics, and
so the collabora-
tion between China and the United States, the
world's two largest economies, plays a critical
role in shaping the future of this industry. As
we look ahead, it's essential to understand the
dynamics at play, the challenges that lie ahead,
and the opportunities that could arise from a
balanced and strategic partnership between
these two giant countries.
During his 2024 presidential campaign, President
Donald Trump suggested imposing a universal tariff of at
least 10% on all imports, a 60% tariff on goods originating
from China, blanket tariffs of 25% on all products
imported from Canada and Mexico and a further 10%
tariff to all existing duties on Chinese imports. These
potential measures emerge against a backdrop of shifting trade patterns.
Trade Tensions and Tariffs: Who Bears the
Cost in These Shifting Trade Patterns?