Trump Metal Tariffs Wreak Havoc on US Factory
- President Trump announced new reciprocal tariffs on over 180 countries nearly 90 days ago, affecting multiple U.S. industries and supply chains.
- The tariffs aim to reverse decades of globalization, but uncertainty and global competition from lower-cost countries have complicated their impact.
- Businesses face rising costs and supply chain disruption, with some unable to find U.S. producers and others considering price increases or reshoring investments.
- Dean Burrows said, "We have not been able to find a U.S. source," and CNBC found 61% of firms deem relocating cheaper than paying tariffs.
- Though tariffs may boost some manufacturing investments, experts caution job gains will take years and many firms remain wary of relying on tariffs amid ongoing uncertainties.
93 Articles
93 Articles
In the stifling American summer, cans decorated with snowflakes and sleds take shape. They are manufactured day and night, in the middle of the whirlwind caused by President Donald Trump’s high steel tariffs. About 100 kilometers north of the White House, at the Independent Can Company plant in Belcamp, Maryland state, Rick Huether remembers having started working in his family’s business at age 14. Today, the company’s 73-year-old CEO is determ…
Donald Trump's trade policy, low levels and staff shortages make European ports come to their limits. Ships sometimes wait for days, customers get their goods late. There is no end in sight.
This company wants to be the first to mine the ocean floor, with Trump's help
The Metals Company is applying for permission from the Trump administration to mine for nickel and cobalt beneath a remote patch of the Pacific Ocean. Other countries say the minerals aren't America's to mine.
In the suffocating American summer, cans decorated with snowflakes and sleds take shape. They are manufactured day and night, in the middle of the whirlwind caused by President Donald Trump's high steel tariffs.About 100 kilometers north of the White House, at the Independent Can Company plant in Belcamp, Maryland, Rick Huether remembers having started working in his family's business at age 14. Today, the company's 73-year-old CEO is determined…
Americans say Trump's tariffs are causing the US to 'collapse from within'
Donald Trump's tariffs were designed to punish foreign nations who ran trade deficits with the US. Instead, the policy has put the businesses and industries he's seeking to protect in the crosshairs.
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