US EditionFacing Tariffs, Should Shoppers Seek ‘Made in USA’ Goods?
- In November 2024, a Morning Consult survey commissioned by a manufacturing advocacy group revealed that 60% of Americans reported trying to purchase products made in the United States.
- The poll reflects growing interest amid tariffs, although it remains unclear if these tariffs will increase U.S. Manufacturing as President Trump claims.
- Domestic manufacturing is rising gradually, with a 3.7% increase in manufacturing construction spending reported in March 2025, but reshoring takes time to affect product availability.
- The Federal Trade Commission requires most of a product be made in the U.S. To label it "Made in USA," a standard longstanding for decades and used by companies like Lancaster Cast Iron.
- Rising import costs may increase U.S.-made product prices, so consumers face trade-offs between supporting domestic production and affordability in the face of complex tariffs.
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Facing Tariffs, Should Shoppers Seek ‘Made in USA’ Goods?
Shoppers who are concerned about tariffs driving up the costs of their favorite products might think that “Made in USA” goods could offer financial relief. But finding domestically manufactured, budget-friendly items may take effort. Americans like the idea of buying…
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Businesses to delay new investment due to US tariffs, may trigger global slowdown: Nomura Report
New Delhi [India], May 22 (ANI): Amid the ongoing tariff uncertainty by US President Donald Trump, businesses are likely to delay any new investment and this has the potential to trigger a global slowdown, according to a report by Nomura.The outlook for the global economy and financial markets remains highly uncertain as President Donald Trump's aggressive tariff policy continues to send ripples across industrie
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