President Trump’s hand-picked appointees for the Federal Trade Commission (FTC) defied his “Buy American” economic nationalist agenda in a recent case where they voted to protect companies who falsely claimed their Chinese-manufactured products were “Made in America.”
The picture of the economy painted by the Fed’s Beige book is a little brighter than it was earlier this year.
Slow growth around the world appears to be weighing on U.S. factories, auto plants, and energy production.
A stronger than expected reading from the manufacturing sector showed gains in orders, production, and employment.
Former Rep. Thaddeus McCotter (R-MI) told Breitbart News that President Donald Trump’s positions on international trade have reshaped the Republican Party’s voter base.
Manufacturing activity rebounded in March after plunging in February. There are no signs of tariff-led price increases.
Ford Motor Company executives have announced a new investment in American workers and the state of Michigan with plans to invest $900 million in the United States, set to create 900 U.S. jobs.
America First Policies Senior Policy Adviser Curtis Ellis says President Trump should impose a 25 percent tariff on auto imports to save American auto manufacturing from China’s efforts to dominate the industry.
A small but welcome increase fueled by transportation orders and a jump in spending on capital goods.
More than 8,000 American workers in the Lordstown, Ohio, region could be laid off due to General Motors’ (GM) decision to close its assembly plant in the town.
When Trump announced tariffs on steel and aluminum last year, economists predicted an auto-paclypse would send prices soaring higher.
The economy continued to expand and manufacturing activity expanded but shutdown hurt in some areas and China worries persist.
While anti-Brexiteers have been at pains to emphasise the potential risks of a No Deal exit from the European Union and draw tenuous links between the global downturn in diesel car sales and Britain’s pending departure from the bloc in recent weeks, British industry has been enjoyed a series of important but little-reported success stories.
According to a recent report, U.S. companies installed more robots in 2018 than ever before across a number of industries. Robot usage by Food and consumer goods industries surged 60 percent over 2017.
Good news out of the Texas, where general business conditions are up by more than expected and manufacturing is expanding.
Wage growth in manufacturing has not been this high since before the financial crisis and the great recession.
Higher steel prices have made investment in domestic steel production profitable again.
Increased productivity signals tariffs are not hurting American manufacturers.
New figures show British car manufacturing surged 8.5 percent in 2018, as the country is enjoying a slew of investments in research and new factories.
Factory activity increased and, despite all the worries about tariffs, prices of raw materials used by manufacturers fell.
President Donald Trump warned Thursday of impending tariff increases should trade meetings with China not result in a deal by March 1.
The top U.S. steelmaker is set to build a new state-of-the-art steel plate mill in the American Midwest with an investment of about $1.3 billion into the project thanks to President Trump’s 25 percent tariff on imported steel.
Economic growth accelerated and was much stronger than expected in January, according to a basket of indicators collected by the Federal Reserve Bank of Chicago.
An Ohio steel mill, forced into closure by free trade and imports, is reopening this year thanks to President Donald Trump’s 25 percent tariff on foreign steel imports.
While the headline number still indicates a contraction of factory activity, expectations for key components improved in January.
Total industrial production rose 4.0 percent in 2018, much higher than 2.9 percent in 2017 and 2016’s paltry 0.5 percent gain.
New York’s state of mind was decidedly less buoyant than expected in December.
So much for the blarney about tariffs hurting U.S. manufacturers.
They said it could not be done. But America went ahead and did it anyway.
The slowdown is due to the fall in the price of oil and not trade disputes.
