Through Covid, political chaos, and economic disarray, Sri Lanka and Bangladesh kept one industry central to their hopes of prosperity afloat: the manufacturing of ready-made garments, with the United States as their main market. Then […]
Tag: Factories and Manufacturing
After Trump Tariffs, Volkswagen to Add ‘Import Fees’ to Cars Sold in U.S.
Volkswagen, the German automaker, has told its car dealers that it plans to add an import fee later this month to the price of imported cars sold in the United States. The company’s move is […]
Why Did Trump Impose Tariffs, and What’s Next? Everything to Know.
President Trump announced what could be one of the most drastic economic policy changes in decades on Wednesday, when he substituted America’s longstanding system of taxing imports with a new tariff system of his own […]
Trump Tariffs Aim to Revive U.S. Manufacturing. Is That Possible?
President Trump’s imposition of tariffs on a scale unseen in nearly a century is more than a shot across the bow at U.S. trading partners. If kept in place, the import taxes will also launch […]
Renewable Energy Sector Braces for Trump Tariffs
President Trump’s tariffs are likely to raise the costs of building renewable energy projects in the United States, analysts say, adding to the challenges of an already struggling industry. Generating equipment, like wind turbines, is […]
