A moderate Democrat has expressed cautious optimism for President Donald Trump’s tariffs, after most of his party reacted furiously to the new tariffs.
Read More Trump Gains Unlikely Democrat Support For Tariffs: ‘This Is A Good Start’
Tag: Manufacturing
Canadian Furniture Maker Closes B.C. Plant, Moves Operations To North Carolina Amid Trump Tariffs
Unifor, Canada’s largest private sector union, announced that Canadian furniture maker Prepac is closing down its manufacturing plant in Delta, British Columbia (B.C.), moving all production to its other manufacturing plant in North Carolina — which first opened in 2021.
Read More Canadian Furniture Maker Closes B.C. Plant, Moves Operations To North Carolina Amid Trump Tariffs
Nasdaq to open Texas headquarters as companies relocate to state
Nasdaq said it would open a regional headquarters in Texas, deepening its presence in a state that is fast emerging as a major financial hub rivaling New York.
Read More Nasdaq to open Texas headquarters as companies relocate to state
Leavitt Announces Exemption On Tariffs For Auto Imports From Mexico And Canada
As President Donald Trump’s 25% tariffs on Mexico and Canada are now in effect, Press Secretary Karoline Leavitt revealed that Trump has approved a one-month exemption on auto imports.
Read More Leavitt Announces Exemption On Tariffs For Auto Imports From Mexico And Canada
US private payrolls post smallest gain in seven months
The ADP National Employment Report on Wednesday also showed a moderation in wage growth for workers changing jobs.
Read More US private payrolls post smallest gain in seven months
Apple Announces Historic $500B Investment In U.S. Manufacturing & Innovation
Tech giant Apple is investing $500 billion to the U.S. economy in a historic move, the company announced on Monday, marking “an extraordinary new chapter in the history of American innovation.”
Read More Apple Announces Historic $500B Investment In U.S. Manufacturing & Innovation