President-elect Donald Trump touted his tariff plan on the campaign trail. He says it will cause manufacturing jobs to return to the United States. On the latest episode of Capitol Gains, Oxford Economics U.S. Chief Economist Ryan Sweet joins host Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman to discuss Trump’s tariffs […]

Taiwan’s TSMC on alert over possible reduction of subsidies Cold water concerns for Arizona semiconductor project Trump “Taiwan erodes U.S. semiconductor industry” Semiconductor Support Suspended? Trump’s Review Announced The Biden administration will enact the so-called “Semiconductor Support Act (CHIPS)” in 2022. CHIPS 법안의 공식 명칭은 ‘Creating Helpful Incentives to Produce Semiconductors for America Act’입니다. In […]

Key Takeaways President-elect Donald Trump’s promise of higher tariffs and targeted tax breaks could potentially boost underperforming U.S. factories, but economists say those policies could also come with perils. For several months, manufacturing survey data has shown that the industry is contracting. The monthly Institute for Supply Management (ISM) manufacturing purchasing managers’ index (PMI) survey has been below 50% in […]

The election is over, and the U.S. has selected president-elect Donald Trump as the 47th president of the United States of America. Over the course of his campaign, the Trump team has buckled down on its previous position in favor of tariffs and how they might transform the American economy. For manufacturers big and small, […]