Latest in Factory activity slumps as manufacturers brace for Trump tariffs
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Factory activity slumps as manufacturers brace for Trump tariffs
U.S. manufacturers are sounding worried about the Trump administration’s trade policies ahead of a hotly anticipated announcement on tariffs that’s expected from the White House on Wednesday. ...The Hill - 2d -
Sweeping tariffs threaten ‘Factory Asia’
Trump administration’s moves put ‘China plus one’ manufacturing strategy at riskFinancial Times - 2h -
Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible?
The president says “jobs and factories will come roaring back” because of his trade policies, but the economic story of the American 21st century has also been shaped by the deliberate pursuit of ...The New York Times - 4h -
GOP braces for potential defeat on Trump tariff bill
Senate Republicans are bracing for the passage of a bipartisan bill to undo President Trump’s 25-percent tariff against Canada, which would deal Trump an embarrassing setback on “Liberation Day,” ...The Hill - 1d -
US factory activity shrinks as tariffs weigh on demand and hiring plans
Inventories rise to highest level since 2022 as producers stockpile goodsFinancial Times - 2d -
Europe's pharma industry braces for tariffs as carve-out hopes fade
Europe's pharmaceutical sector is bracing for the potential impact of U.S. tariffs as hopes of an industry-wide exemption by President Donald Trump fade.CNBC - 1d -
World leaders blast Trump tariffs as markets slump
Foreign stock markets tumbled after opening on Thursday morning following President Donald Trump's announcement of a raft of tariffs on America's trade partners.ABC News - 6h -
Trump and DOGE Defund Program That Boosted American Manufacturing for Decades
President Donald Trump says taxing imports will strengthen domestic manufacturing. Hours before announcing new tariffs, his administration cut support for centers that help US firms do just that.Wired - 18h -
Small businesses brace for impact of new Trump tariffs
President Trump is set to unveil new reciprocal tariffs on April 2nd. But some small business owners are worried about the impact it could have on their bottom line. NBC News' Vaughn Hillyard spoke ...NBC News - 3d -
Consumers brace for economic impact of Trump's reciprocal tariffs
President Donald Trump is set to unveil new reciprocal tariffs with taxes expected on imported goods from around the world that are set to go into effect immediately. NBC’s Christine Romans joins ...NBC News - 1d -
Trump gambles on tariffs as nation braces for economic fallout
President Trump took his biggest gamble yet on the economy Wednesday when he pressed forward with sweeping tariffs on imports from nearly every country in the world. But in fulfilling a key ...The Hill - 8h -
GM's first-quarter U.S. vehicle sales lead industry as automakers brace for tariffs
General Motors and other automakers reported notable increases in their first-quarter U.S. vehicle sales, as the automotive industry braces for the impacts of President Donald Trump’s auto tariffs ...NBC News - 1d -
How Trump’s Tariffs Are Hitting One Chinese Factory Owner: ‘We Are Helpless’
President Trump’s policies are straining trade ties and challenging a long-held truth in China about the centrality of the U.S. market.The New York Times - 1d -
Businesses brace for new tariffs as Trump is set to unveil details
President Trump is set to announce new tariffs on potentially hundreds of U.S. trading partners in a Rose Garden ceremony at the White House on Wednesday. The White House press secretary says the ...NBC News - 1d -
Investors brace for sweeping Trump tariff announcement
Trading on Wall Street volatile as US president prepares to escalate trade war on ‘liberation day’Financial Times - 1d -
Renewable Energy Sector Braces for Trump Tariffs
The components used to assemble wind turbines are made by suppliers around the globe.The New York Times - 23h -
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.The New York Times - 14h -
Nations braced for Donald Trump’s ‘Liberation Day’ levies
US secondary tariffs to be announced, while car finance providers launch high-stakes appeal in UK Supreme CourtFinancial Times - 4d -
Why Norway is edging towards a fresh EU membership bid
Also in this newsletter: Ireland’s pharma industry braces itself for Donald Trump’s tariffsFinancial Times - 3d -
Trump's tariffs leave gadget makers in crisis: 'I'm going to run out of appliances'
Consumer electronics companies reliant on manufacturing operations in China, Mexico and Canada are reeling from the uncertainty surrounding Trump's tariffs.CNBC - 4h -
Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears
President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade war. As Donald Trump prepared to unveil a swathe of reciprocal tariffs, ...The Guardian - 2d -
World braces itself as US tariff ‘liberation day’ draws near
No one knows what Trump will do — and at this moment that includes the president himselfFinancial Times - 3d -
Starmer braced for Trump tariffs as UK seeks better outcome than EU
Prime minister still hopes to secure a trade deal with the US presidentFinancial Times - 2d -
Stellantis halts production at assembly plants in Canada, Mexico after Trump auto tariffs
Stellantis, a multinational auto manufacturer, told employees Thursday it would temporarily pause production at assembly plants in Canada and Mexico amid the onset of President Trump’s tariffs, ...The Hill - 2h -
Pricey Hockey Gear Could Get More Expensive With Canada Tariffs
The Trump tariff tumult leaves sporting goods manufacturers and sellers uncertain about orders and costs, especially for ice hockey and skating equipment.Inc. - 3d -
Jim Cramer says a 20% tariff on most imports would be 'horrendous' for the economy
CNBC's Jim Cramer sees five issues with President Donald Trump's potential 20% blanket tariffs, including their effect on inflation and domestic manufacturing.CNBC - 1d -
Nike, Lululemon and Other Consumer Stocks Hit Hard by Trump’s Tariffs
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.The New York Times - 1h -
China's factory activity growth at 1-year high, official survey shows, as stimulus measures kick in
Chinese policymakers pledged to step up stimulus push to achieve a growth target of "around 5%" this year and cushion the impact of an escalating trade war.CNBC - 3d -
FTSE 100 suffers biggest one-day fall since August as Donald Trump’s sweeping tariffs wipes trillions off global markets – business live
Shares slump on both sides of the Atlantic, and across Asia-Pacific, as US dollar falls to six month low after US President Trump’s ‘liberation day’. Full report: Trump announces sweeping new ...The Guardian - 32m -
AI’s Impact on Manufacturing Suggests We All May Need to Invent a New Way of Working
Sure, AI may be helpful to speed up day-to-day office tasks, but it may soon impact physical systems and ways of working on the factory floor too.Inc. - 1d -
Trump Took a Wrecking Ball to Southeast Asia’s Role as an Alternative to China
Punishing tariffs on Vietnam, Cambodia, Thailand and others in the region threaten their position as major manufacturing hubs for the American market.The New York Times - 4h -
Apr 2: CBS News 24/7, 4pm ET
Michigan auto industry braces for Trump’s 25% tariffs on imported car and auto parts; Trump announces 10% tariff on all countries and additional specific reciprocal tariffs on “worst offenders”CBS News - 18h -
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
The S&P 500 index dropped 2 percent as investors weighed hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.The New York Times - 5d -
Trump Unveils a 10 Percent Blanket Tariff and a 34 Percent Reciprocal Tariff for China
The president just launched a global trade war that he says will restore American manufacturing. His critics say it will send the country into recession.Inc. - 20h -
Trump's massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair
Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China.NBC News - 19h -
Here's where Apple makes its products — and how Trump's tariffs could have an impact
China still accounts for the majority of Apple iPhone production, but the tech giant has sought to ramp up manufacturing in places like India and Vietnam.CNBC - 9h -
Trump’s tariffs: the full list
US president Donald Trump yesterday produced a chart of all the new tariffs he was announcing, affecting trade with countries across the world. Here is the list as he displayed it. Analysis: ...The Guardian - 8h -
Trump shows his hand on tariffs
Presented by National Council on Aging {beacon} Trump set to reveal sweeping tariff plans President Trump’s long-awaited day of reciprocal tariffs has arrived. The president is expected to ...The Hill - 23h -
Trump’s tariffs – five key takeaways
Donald Trump has upended decades of US foreign policy by bringing in a vast array of tariffs that threaten to disrupt international trade. Here are some initial key points. Trump tariff reaction ...The Guardian - 12h