News

Collapse! Discontinued! Layoffs! The entire European manufacturing industry is facing a big shift! Energy bills soar, production lines relocated

European carmakers are gradually shifting production lines A report released by Standard & Poor’s Global Mobility, an auto industry research institute, shows that the European energy crisis has put the European auto industry under enormous pressure on energy costs, and the restrict... Read More

U.S. Hand Tools Market Report 2022-2027: Automotive Industry Driving Market Growth

The US hand tools market is expected to grow at a CAGR of 3.59% during the forecast period 2022-2027 Hand tools are the most conventional and inevitable equipment in the tools industry even today amid the surge in competition with the power tools market. Despite the prominence of sophistication a... Read More

Choosing the Right Tools for Servicing Cooling Systems

Automobile cooling systems are complex systems that are getting tougher and tougher to diagnose, service and repair. This article by Mike DuBois will offer some information about choosing the right tools and equipment and the kinds of repairs they will allow you to complete. Cars, Oh! those wondr... Read More

What is in a Timing Tools Kit?

Automotive timing tools are mostly available as sets or kits. The set then typically contains a tool for each movable part of the timing system. The contents of timing tools kits are different across manufactures and car types. Just to give you an idea of what’s included, here is a list of ... Read More

2022 Analysis of the Development Prospect of China’s Hardware tools Industry

The epidemic has caused European and American consumers to be concerned about personal hygiene, superimposed on the trend of home DIY renovation, making bathroom hardware one of the categories with a sharp increase in demand. Faucets, showers, bathroom hardware accessories and other indispensable... Read More

High shipping cost will continue until 2023 and the hardware tools export will face new challenges

In the year of frequent supply chain disruptions, global container ship freight rates have soared, and rising shipping costs are putting pressure on Chinese traders. Industry insiders said that high freight rates may continue until 2023, so hardware exports will face more challenges. In... Read More

The USA announced the restoration of 352 tariff exemptions for Chinese imports, including multiple hardware tools categories.

Recently, the Office of the United States Trade Representative (USTR) issued a statement announcing the exemption of 352 tariffs on imported goods from China, including multiple hardware tools categories. And the exemption period is from October 12, 2021 to December 31, 2022. This is a good start... Read More