Category: Factories and Manufacturing

Trump’s First Year Could Have Lasting Economic Consequences

President Trump’s policies have so far done little to change the overall state of the American economy, but economists warn they will ultimately weaken the United States.
Trump Imposes Limited Tariffs on Foreign Semiconductors

The tariffs will allow President Trump to take a cut of Nvidia’s chip sales to China while putting off a decision about imposing higher taxes on the chip industry.
Trump Credits ‘Mister Tariff’ for the Country’s Strength. Economists Beg to Differ.

Many indicators appear to suggest that the United States is growing despite tariffs, not because of them.
China’s Trade Surplus Surged 20 Percent to New Highs

A currency kept weak to help Chinese factories, combined with faltering consumer spending, propelled exports, while a campaign for self-sufficiency limited imports.
Trump Administration Nears Deal With Taiwan

The trade deal would cut tariffs and include a commitment from Taiwanese Semiconductor Manufacturing Corporation, the island’s chip giant, to build more manufacturing plants in the United States.
Volkswagen Suffers More Than Rivals From Auto Industry Woes

The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.
Trump Seeks New Powers to Pressure ‘Underperforming’ Weapons Makers

In an executive order, President Trump is aiming to punish defense contractors that don’t deliver weapons quickly enough.
G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions

General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand.
Inside China’s Six-Decade Campaign to Dominate Rare Earths

From Deng Xiaoping to Xi Jinping, generations of Communist Party bosses and military leaders invested in a strategic but heavily polluting industry.
Can You Reboot a Lamp Like a Superhero Franchise?

Riding an endless wave of nostalgia, one company is exhuming the intellectual property of midcentury designers to create new audiences for forgotten work.
How U.S. Defense Industry Dodged a Rare-Earth Shortage After China’s Curbs

America’s ability to make precision-guided missiles was threatened during Trump’s tariff war. But experienced players have rescued the supply chain, for now.
Volkswagen to End Production at German Plant, a First in Company History

The auto giant stopped making cars at the plant in Dresden, which opened in 2001, as it faces weaker demand and steep U.S. tariffs.