The Latest
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"Yantian port from above" by Gigel.atat is licensed under CC BY-SA 4.0
What does the US import from China?
Over $400 billion worth of goods were imported from China in 2024, with electronics, toys, furniture and machinery topping the list.
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Tariffs could spike costs for domestic automakers by $108B
A new report estimates that higher import duties on automotive parts will impact nearly all of the 17.7 million vehicles built in the U.S. annually.
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Regeneron expands US manufacturing with $3B Fujifilm partnership
The deal nearly doubles the pharmaceutical giant’s domestic capacity as demand for biologics surges.
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Dow expands restructuring plan to save $6B
The chemical maker is delaying a multi-billion-dollar project in Canada as part of additional cost-cutting actions amid ongoing tariff concerns.
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TSMC looks to reach net-zero emissions by 2050
The chipmaker is pushing to reach peak emissions this year as part of its sustainability pledge.
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White House declares goal to reach 1M new apprentices per year
The White House’s fact sheet highlighted a shortage of construction and durable goods workers, which is expected to grow steadily, and flagged AI as a focal point for development.
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Intel turns to layoffs as it looks to slash expenses
The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its core products.
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Thermo Fisher commits $2B to US manufacturing
The company said the investment will create high-paying jobs and add lab services capacity to its domestic healthcare supply chain.
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3M expects up to $850M tariff hit
The company is leaning on its 90 days of inventory to soften the blow, hoping to cut the impact cost in half.
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Danaher predicts $350M tariff impact, moves to mitigate impact on profits
The company is planning manufacturing footprint changes, supply chain adjustments, surcharges and cost cutting to limit the impact of the tariffs.
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Boeing Q1 revenue jumps to $19.5B as tariff impacts loom
The company is successfully ramping back up production, but is dealing with fallout from the U.S.’s trade war as China customers refuse to accept deliveries.
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Tracking tariffs: The latest frontier in AI
Avanade, Enterra and others are rolling out new tools to help manufacturers track the impact of tariffs on their supply costs and improve decision-making.
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Commerce finalizes tariff rates on solar imports from Southeast Asia
The 3,403.96% subsidy rate set for four Cambodian solar exporters is “among the highest rates I've ever seen,” said American Alliance for Solar Manufacturing Trade Committee attorney Tim Brightbill.
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Auto manufacturers: US tariff policies ‘will scramble the global automotive supply chain’
In a letter to the Trump administration, industry leaders say recent actions will increase costs and eliminate jobs.
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Clean energy manufacturers cancel projects as Trump-era policies take hold
Companies canceled, closed or downsized nearly $8 billion in projects in Q1.
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Caterpillar pledges $100M to upskill workforce in AI era
Workers on average can expect two-fifths of their existing skills to be transformed or outdated by 2030, according to a World Economic Forum report.
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Boeing to sell some digital businesses for $10.55B
The sale to private equity firm Thoma Bravo comes as the aircraft maker strains to shore up its finances.
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Roche, answering tariff threat, pledges $50B to US drug production
The big pharma joined several of its peers in committing to invest billions of dollars in new and expanded manufacturing facilities in the U.S.
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Cranky the robot and shorter work weeks: What manufacturers see as the value of AI
Deere & Co. and Procter & Gamble are leveraging new strategies to galvanize their workers around the future of work, rather than fuel job security concerns.
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Chobani to spend $1.2B on New York dairy processing plant
The 1.4 million-square-foot facility is the largest site investment in the yogurt giant’s history.
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How chemical manufacturers can train AI models
Companies can use AI to summarize lengthy regulations, such as TSCA, but need to continually verify data accuracy, panelists said at last week’s GlobalChem conference.
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How food manufacturers are embracing AI to forecast trends and navigate regulatory hurdles
Executives from Kellanova, Ingredion and consumer insights platform Tastewise say innovative tech can help companies stay ahead of the latest trends and potential supply chain headwinds.
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Deep Dive
Trump’s tariffs aim to reverse decades of industry decline. Will they succeed?
While major firms like TSMC and Nvidia have announced massive U.S. investment in recent weeks, experts are skeptical the policies will lead to a widespread revitalization of domestic manufacturing.
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Collins Aerospace to lay off 287 at California, Iowa plants
The Boeing supplier and its parent company, RTX, have also cut an undisclosed number of jobs at facilities in Illinois and Connecticut.
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Abbott expects a ‘few hundred million’ in tariff costs in 2025
The medical device maker said it’s on track to expand two new manufacturing and R&D sites in Illinois and Texas by the end of the year.