The federal government announced that it would back an effort to build several Westinghouse nuclear reactors, but offered few details.
Category: Factories and Manufacturing
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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.
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China Has Another Lever to Pull in Showdown With Trump: Factory Lines
In Washington, China hawks say its economy is too weak to withstand a tariff shock. In the city of Yiwu, factories are showing why, for now, that may be a miscalculation.
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After an ICE Raid in Rural Georgia, Hyundai Keeps Betting on America
The revival of America’s industrial base is happening amid pine forests and peanut farms. And it’s being led by a South Korean company.
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What to Know About the ICE Raid at a Hyundai Plant
ICE and other law enforcement agencies detained nearly 500 workers in Georgia in September. Farah Stockman, who covers manufacturing for The New York Times, describes the fallout from the incident and what could be next for foreign factory investments in the U.S.
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Trump’s New Tariff on Trucks Could Burden an Already Struggling Industry
A 25 percent levy on heavy-duty trucks and parts is set to take effect next month. Companies have few details on the policy.
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Stellantis, Faced With Trump’s Tariffs, Scraps Plans to Increase Auto Production in Canada
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.
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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.
