Politics
Trump Is Promising a Manufacturing Renaissance. Is That Even Possible?
President Trump’s imposition of tariffs on a scale unseen in nearly a century is more than a shot across the bow at U.S. trading partners.…
Tag
Factories and Manufacturing
Politics
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
President Trump on Wednesday ordered the closure of a loophole that allows retailers to directly send clothes and other goods from China…
Politics
Trump’s Tariffs Hit Garment Makers in Bangladesh and Sri Lanka Hard
Through Covid, political chaos, and economic disarray, Sri Lanka and Bangladesh kept one industry central to their hopes of prosperity…
Politics
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
Tariffs on imported vehicles took effect Wednesday, a policy that President Trump said would spur investments and jobs in the United…
Politics
Trump Says His Tariffs Will Address Unfair Global Trade. Is He Right?
President Trump has accused America’s trading partners of undermining the United States for decades, saying they have engaged in unfair…
Politics
How Trump’s Tariffs Are Hitting One Chinese Factory Owner: ‘We Are Helpless’
Women in blue cloth hairnets sew the finishing touches on plush pink piggies and orange stuffed foxes, before tossing them onto giant…
News
Chinese Auto Giants Dongfeng and Changan Are in Talks to Merge
Two of China’s biggest state-owned automakers are in advanced discussions to merge, in a deal that would create a formidable manufacturer…
Politics
As Trump Stokes Uncertainty, the Fed Asks Businesses Where It Hurts
Chris Bergen, who runs a commercial greenhouse business in northern Minnesota, finds himself “walking a tightrope” roughly two months into…
Politics
Global Automakers React to Trump’s 25% Tariff on Imported Cars
Mexico deployed thousands of National Guard troops to the border to deter migrants from reaching the United States. South Korea said it…
Politics
Tariffs Could Give Tesla and Musk a Leg Up on Rivals
Tesla could be a winner from the auto tariffs announced by President Trump on Wednesday — or at least suffer less than its competitors.…
Politics
Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs
Hyundai Motor, a South Korean conglomerate known for its automobiles, will invest $21 billion to expand manufacturing in the United States…
News
Family of Boeing Whistle-Blower Who Killed Himself Sues Company
The family of a prominent Boeing whistle-blower who killed himself last year has filed a wrongful-death lawsuit against the airplane…
Business
When Germany Votes, It Will Be About the Economy
When German voters go to the polls on Sunday, the fate of companies like SKW Piesteritz will be at the top of their minds. The chemical…
Politics
Airbus Says U.S. Tariffs Would Be ‘Lose-Lose’ for Airline Industry
Airbus, the world’s largest commercial airplane maker, said on Thursday that it was preparing for the possibility of new U.S. tariffs and…
Business
Clean Energy Was Lifting Manufacturing. Now Investment Is in Jeopardy.
American manufacturing has been in the doldrums for years, battered by high borrowing costs and a strong dollar, which makes exports less…
News
Natural Gas Could Get Priority Over Renewable Energy in Largest U.S. Grid
Federal electricity regulators on Tuesday approved a proposal from the nation’s largest electric grid operator that could effectively give…
Politics
Ford Chief Executive Says Trump Policies May Lead to Layoffs
Ford Motor could be forced to lay off employees if the Trump administration ends subsidies and other financial support for electric…
Politics
How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
The largest refinery in the Midwest will have an unpalatable choice if President Trump imposes tariffs on Canadian oil: Pay more for the…
Politics
Why These Companies in Louisville, Ky., Fear Trump’s Tariffs
The people running CRG Automation are not openly rooting for global economic chaos, but they concede that they are in a perfect position…
Politics
Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada,…
Politics
Trump’s Tariffs Would Reverse Decades of Integration Between U.S. and Mexico
When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with…
News
Jay Mazur, Zealous Advocate for Garment Workers, Dies at 92
Jay Mazur, a blunt-speaking, Bronx-born labor leader who was president of American garment workers’ unions in the 1980s and ’90s, a…
Politics
Trump’s Colombia Tariff Threat Startled Companies Trying to Rely Less on China
Before Sunday, Colombia was quietly emerging as a refuge for multinational brands seeking a stable place to make their products in a time…
Business
Stellantis Will Restart Illinois Factory That U.A.W. Pushed to Revive
Stellantis, the company that owns Chrysler and Jeep, said on Wednesday it planned to reopen a factory in Illinois and increase production…