Machine tools can be said to be the mother of various industries, and countries have different marketing strategies based on their production manpower and resources.

With the advent of Industry 4.0, countries have also adjusted their industrial manufacturing strategies to enhance their smart manufacturing capabilities.

According to the economic growth data currently released by the US Department of U.S. Bureau of Economic Analysis (BEA), in the third quarter of 2019, US private consumption reached a growth rate of 2.6%. Compared with private consumption, the growth rate of private investment is the lowest since President Trump ’s tenure, only 0.4%.

Are U.S.-China Trade War and COVID-19 influence business opportunities in the United States? The United States is the second-largest consumer of machine tools in the world, the industrial market is still waiting, and global economic demand has not significantly recovered.