Latest in Slumps Manufacturers
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Dollar slumps to 3-year low against euro
Analysts point to crisis of confidence in US currency amid chaotic rollout of Trump tariffsFinancial Times - 10h -
Market Madness, Manufacturing, and the Liberation Day of It All
Donald Trump’s tariff announcements are roiling the markets. On this week’s special episode of Uncanny Valley, we break it all down.Wired - 1d -
Swiss drugmaker Novartis to invest $23bn in US manufacturing and R&D
Pharma group builds out American supply chains as part of preparations for potential US tariffsFinancial Times - 4h -
Ancelotti questioned as Real Madrid face Alaves
Carlo Ancelotti and his faltering Real Madrid side are under the microscope ahead of their visit to Alaves on Sunday, fighting to break out of a slump and stay in the La Liga title race.Alaves, ...Yahoo Sports - 7h -
As Trade War Heats Up, Most U.S. Businesses Stick With China Plans
Despite spiking tariffs on imports from China, U.S. companies view the country’s manufacturing advantages and domestic market potential as too valuable to renounce.Inc. - 17h -
Apple has few incentives to start making iPhones in U.S.
President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the UABC News - 18h -
Nintendo Switch Game Console Release Is Whipsawed by Tariff Threats
The company moved most of its manufacturing to Vietnam from China to avoid tariffs. But the unpredictability of President Trump’s plans has thrown Nintendo for a loop.The New York Times - 9h -
The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.The New York Times - 2h -
Thursday’s stock-market downturn was ‘no big deal,’ says Navarro
After the highest rise in stock market history, investors should expect “a little pullback,” said President Trump’s senior counselor for trade and manufacturing, Peter Navarro.MarketWatch - 1h