Carmakers and their suppliers are piecing together new supply chains after a Chinese-owned company in the Netherlands was caught in the middle of the trade war, revealing European vulnerabilities.
Category: Factories and Manufacturing
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Trump Aides Raise Recession Fears, and Point Fingers at the Fed
Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.
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Small Businesses Gear Up for Tariff Fight at Supreme Court
Companies that sell diamonds, plant sensors and wine all have one thing in common: They are weighing in against tariffs in a consequential case.
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The Workers Left Out of Trump’s Drug-Manufacturing Renaissance
President Trump wants pharmaceutical production to return to the United States. A shuttered factory in Louisiana shows how hard that will be for generic medicines.
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China Started Separating Its Economy From the West Years Ago
Two decades of sustained effort to build national self-reliance and minimize imports have antagonized trade partners but fortified what a senior adviser called Beijing’s “bulwark” against conflicts.
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G.M. Will Cut 1,750 Jobs in Electric Vehicle Business
The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.
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U.S. Manufacturing’s Mixed Picture in 4 Charts
President Trump vowed to bring factories back. Is he succeeding?
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Trump Administration Backs Plan for New Nuclear Plants
The federal government announced that it would back an effort to build several Westinghouse nuclear reactors, but offered few details.
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G.M.’s Profit Falls on Tariffs and E.V. Costs
The automaker’s shares jumped as investors focused on an upgraded forecast for some financial measures, as well as a lower-than-expected bill for tariffs this year.