During his campaign, President Trump often stated that he would be implementing an “America First” international trade policy, which he said explicitly would include higher tariffs, potentially on imports from the entire world. On January 20, President Trump issued a presidential memorandum taking the first steps toward implementing this agenda. This “America First Trade Policy” […]
Reshoring News
Rising production costs driven by tariffs, meanwhile, could erode margins, inflate retail prices and diminish consumer demand. Globally, the tariff climate remains volatile, with looming hikes across multiple markets threatening to exacerbate these issues. Given Trump’s penchant for employing tariffs as a trade tactic, the beauty sector can look to the not-too-distant past for clues […]
In the latest episode of the Bring it Home podcast, Brian McMorris, founder and president of Futura Automation, said he sees robotics and investments in automation playing a role in reshoring decisions. Bring It Home celebrates the North American manufacturing renaissance, reindustrialization and reshoring taking place across the continent. Its co-hosts are Craig Fuller, founder […]
The Institute for Advanced Composites Manufacturing Innovation (IACMI), also known as IACMI–The Composites Institute, is celebrating a decade of revitalising American manufacturing and strengthening the nation’s defense industrial base. Established by the department of energy (DOE), IACMI was announced as the fifth of now 18 manufacturing US institutes on January 9, 2015. For 10 years, […]
Great power competition between the United States and China has translated into a trade war featuring, among other issues, green protectionist policies. In the United States, this strategy is used to boost the country’s emerging green industries while reducing U.S. reliance on Chinese imports and containing China’s rise. Green protectionism is reshaping global trade dynamics […]
This article first appeared in Forum, The Edge Malaysia Weekly on January 13, 2025 – January 19, 2025 As 2025 begins, the global economy, while stabilising, remains weighed down by familiar risks. China’s recovery is sluggish, Europe’s growth is lacklustre and geopolitical tensions rage on in both the Middle East and Eastern Europe. Yet one […]
There is an Artificial Intelligence (AI) bonanza taking place in America. To grow and thrive, AI needs data. Data centers need to be constructed to marshal this resource. Northern Virginia, for example, is becoming a parking lot for data centers. In turn, data centers need energy. The AI and data center explosion is on top […]
Paul Aiello, executive director of education at FANUC America. Photo © FANUC FANUC America launches an initiative to address the growing need for skilled professionals in advanced manufacturing and automation. The company has established the FANUC Automation Endowed Scholarship Fund in collaboration with the SME Education Foundation to empower the next generation of the manufacturing […]
Trump Pushing Tariff Policy U.S. manufacturing business is recovering Expected rise in air conditioning and power-related stocks A week before the inauguration of U.S. President-elect Donald Trump, who declared himself a “tariff man,” U.S. manufacturing-related stocks should be noted, according to a stock market analysis. “Although U.S. manufacturing indicators are gradually improving, stock prices of […]
The author is vice-chair at Oliver Wyman and former global head of banks and diversified financials research at Morgan Stanley As we confront the need for huge capital expenditure for data centres, energy and the reshoring of industry to domestic markets, the open question is: who is going to finance it? Freshly emboldened US […]
