Swedish-owned IKEA closed a Danville, Virginia factory in December 2019 and moved it to Europe. That looks now to be a bad decision. Just 10% of IKEA products sold in the United States are manufactured in the region, making the world’s largest furniture retailer (arguably) the world’s most vulnerable company to Donald Trump’s “Liberation Day” … Read More

“With current times, made in America is getting stronger,” said Mark Andol, owner of the Made in America Store in Elma. “I think made in America is getting important to people. They’ve got to look at what they’re buying.” As the president of General Welding and Fabricating, which is across the street from his store, … Read More

Israel has cancelled all of the customs duties – tariffs – that have been levied until now on products from the US, Israel’s largest trading partner. After the approval of the Knesset Finance Committee and the Economy and Industry Minister’s signature on the order, the amendment to the order regarding trade levies and protective measure … Read More

According to U.S. car marketplace Carpro, Asian automakers made up six of the top eight automakers in the U.S. by sales volume in 2024. Toyota took the top spot with 1.98 million vehicles sold during the year, beating domestic heavyweights Ford and Chevrolet. The U.S. imported $474 billion worth of automotive products in 2024, including … Read More

The retailer also aims to move some production back to the U.S., which is already one of its major manufacturing hubs. Howie said Williams-Sonoma procures 18% of its products coming from the country — making it the retailer’s second largest source of goods. As it leans to produce more goods domestically, it also sees opportunities to … Read More

“All this crying about the effects of tariffs, I find it interesting because, to me, this is just Wall Street. Now that Wall Street’s upset about it, it’s an issue. Where was Wall Street when all these manufacturing facilities have been leaving the country in the last 30 years?” Read the article.

Head to the grocery store in the US and the shelves are stocked with jars of St Dalfour strawberry spread and Bonne Maman raspberry preserves – some of the more than $200 million (£154m) in jams that Europe sends to the US each year. But try looking for American-made jelly in Europe, and you’re likely … Read More

Giorgia Meloni, Italy’s prime minister, dismissed the idea that protectionism in the United States was an invention of former President Donald Trump, in an interview with the Financial Times. Addressing Trump’s tariffs and Europe’s future amid tariff challenges from the US, Meloni said that the U.S. has long pursued protectionist policies, with or without Trump. … Read More

Hundreds of Canadian workers, many in the steel and aluminum sectors, have been laid off as a result of U.S. President Donald Trump’s tariffs, according to a major union and companies. Economists warned this was only the beginning as the impact of tariffs is expected to broaden the longer they are in place. Uncertainty surrounding … Read More

China is running a trade surplus that the world economy can’t “live with,” former US President Bill Clinton’s top trade official said, warning its exports would face new roadblocks without fixing the domestic causes fueling the imbalances. “China is exploiting manufacturing, suppressing domestic consumption, and expects that the world can live with a trillion dollar … Read More