As the US stock market goes into free fall and the global economy has an increasing case of the jitters, Bloomberg reports the causal factor is no other than Donald Trump. He is the “smocking gun” that could bring on the next global financial meltdown.
America imported about $170 billion worth of vehicles from foreign countries in 2017. In fact, the majority of all vehicles sold in the US last year were imports. Here’s a chart that shows which countries were the largest exporters of vehicles to America last year.
Volkswagen says it will build a new factory in North America to build electric cars. The question is, where will it be located?
Actions have consequences. Donald Trump has initiated a full-scale trade war with China. Has he considered what the consequences may be for American companies like Tesla and GM?
Xi Jinping this week expressed an interest in lowering trade barriers to foreign manufacturers, especially car companies. Are his words implying that he has caved to Donald Trump’s bluster? Don’t bet on it.
The Commerce Dept. preliminarily affirmed a decision to impose countervailing duties on Chinese imports, the second such ruling in two weeks.
Four founding members of the Coalition for American Solar Manufacturing (CASM) purchased more than $400 million in goods and services from other manufacturers and employers in 46 states in 2011, according to a CASM survey. The survey results highlight the ripple effects and positive impact a healthy US solar PV manufacturing sector can have on job creation, income growth and economic development, particularly in areas hard-hit by the exodus of manufacturers from US shores.
Renewable energy and clean tech present great opportunities to revitalize US manufacturing, potential that’s recognized by a growing group of business and political leaders, including the Obama administration. […]
