Moog raise concerns about Trump’s trade tariffs

Iconic synth company Moog Music have issued a stark warning about the potential impact of a new 25% import tax that came into effect on 6 July 2018.

Moog say that the controversial tariff, proposed by Donald Trump, will “drastically increase the cost of building our instruments, and have the very real potential of forcing us to lay off workers and could (in a worst case scenario) require us to move some, if not all, of our manufacturing overseas.”

Moog’s instruments are manufactured at their base in Asheville, North Carolina, which is staffed by 100 people. Around half of their circuit boards and other components are sourced from China.

Customers have received an email from Moog encouraging them to write to their elected officials in the US to protest against the new tax in the hope that it can be stopped.