Electronic instrument maker Moog Music may move its production out of the U.S. due to increased component costs stemming from the Trump administration’s section 301 duties on Chinese exports. Moog’s U.S. seaborne imports jumped by nearly 50% on a year earlier in the second quarter, likely reflecting a high reliance on China for larger components. In the past 12 months 99% of its imports of instrumental modules and dedicated computers were sourced from China while speakers were sourced from Taiwan and Hong Kong. The specialist nature of its requirements likely makes a shift in supplier...