Canadian leaders blame the move by Stellantis, the automaker, to abandon production in Ontario on President Trump’s tariffs. Mr. Trump says he wants to increase domestic production.
Category: Factories and Manufacturing
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America Is Heavily Reliant on China for Raw Materials in Medicines
A new analysis found that nearly 700 drugs approved for use in the United States depend on chemicals solely produced in China.
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Stellantis Unveils $13 Billion U.S. Investment Plan
The carmaker, which has struggled with weak sales, is the latest company to announce a hefty investment in the United States.
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Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion
General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets.
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Factory Towns Revive as Defense Tech Makers Arrive
Drawn by local talent, cheap labor and state cash incentives, start-ups building the weapons of the future are revitalizing manufacturing in once-vibrant industrial towns.
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Cars to Fighter Jets: China’s New Export Curbs May Level a Heavy Blow Worldwide
Broad restrictions could cause supply interruptions for arms makers, as well as manufacturers in the semiconductor, automotive and other sectors.
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Trump to Announce a Drug Pricing Deal With AstraZeneca
The move would follow a similar agreement with Pfizer. Other companies are engaged in talks with the White House that would help them avoid tariffs on their products overseas.
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German Leaders and Auto Chiefs Team Up in Push to Relax Emissions Rules
The chancellor said he planned to urge the European Union to back off a policy that has been widely interpreted as a ban on combustion engines after 2035.
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Irish Factory Prospered Because of China’s Babies. Then Nestlé Pulled the Plug.
China’s baby boom enriched a small Irish town where a Nestlé factory made formula for Chinese newborns. Then a baby bust unraveled it all. Or so it seemed.
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Can This Isolated British Island Keep Its Economy Afloat?
The Isle of Wight, known for its beaches and a rock festival that featured Jimi Hendrix and Bob Dylan, has had setbacks in manufacturing, but there have also been bright spots.
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Electric Vehicles Face a ‘Pretty Dreadful Year’ in the U.S.
The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover.
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How Trump’s Latest Tariffs May Affect Your Medicines
The president said he would impose a tariff of 100 percent on certain brand-name drugs. Here’s what we know so far.