Toyota Launches North Carolina Battery Plant, Announces Additional US Investment of up to $10 Billion
Toyota has announced the start of production at its only U.S. battery plant in Liberty, North Carolina. The nearly $14 billion facility will house 14 battery production lines and will…
How the US Ended Up With Radioactive Shrimp and Sneakers From Indonesia
Inspectors in the US discovered shipments of prawns and Nike branded sneakers emitting faint traces of man-made radiation, leading to an investigation that traced the source to a factory park…
Why Build-A-Bear Has Been on an Nvidia-Like Run
Like every company that imports, Build-A-Bear Workshop is being affected by tariffs. Although it pulled forward inventory in anticipation of their impact, the company reported on its second-quarter earnings call…
Manufacturing’s Economic Power Is Grossly Underestimated
Manufacturing’s true economic footprint is much larger than GDP and employment share statistics suggest, with total output accounting for up to 35% of GDP in 2015. Manufacturing supports millions of…
Mexico Imposes Hefty Tariffs on Sugar to Protect Local Industry
Mexico raised tariffs of up to 210% on sugar imports from countries with which it doesn’t have a trade deal, part of a plan to protect the domestic industry from…
This American-made tripod brand is increasing prices next month (and no, it’s not because of tariffs)
While US photographers are no strangers to increasing prices in the wake of new tariffs, Really Right Stuff is a Utah-based company that makes its tripods in the US. A…
Love Pasta? These 9 Pasta Brands Made in the U.S. Won’t Be Affected by Tariffs
Most of the pasta sold in the U.S. is already made here. But imports from Italy made up about 12% of the pasta market, according to Time magazine. If your…
Italian pasta giant Rummo pleads with US to reverse ‘absurd’ 107% tariffs to avoid hiking prices
One of the 13 Italian pasta companies facing whopping 107% tariffs come January is pleading with the Trump administration to axe its plans – which could force the business to…
The True Cost of China’s Falling Prices
Beijing officials call China’s current deflationary malaise “involution” — a destructive cycle of intense, self-destroying business competition sparked by excess capacity. According to a Bloomberg News analysis, it feels even…
Pessimistic Consumers Keep Spending, Forecast To Surpass $1 Trillion
The National Retail Federation expects Americans to cross a milestone this season, with holiday sales topping $1 trillion for the first time. In the new forecast, the trade association projects…