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GM, Ford and FCA Shutter North American Factories

March 19
14:35 2020
    GM, Ford and FCA Shutter North American Factories

Detroit’s big three automakers are to shut down all factories due to fears over the coronavirus.

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U.S. Factories in China Open With ‘Severe’ Worker Shortage

February 19
10:50 2020
    U.S. Factories in China Open With ‘Severe’ Worker Shortage

U.S. factories around Shanghai will be back at work this week, but the “severe” shortage of workers due to the coronavirus will hit production and global supply chains, Bloomberg reports.

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Supply Chains Plan For Coronavirus Disruption

January 29
10:24 2020
    Supply Chains Plan For Coronavirus Disruption

Companies that rely on manufacturing from facilities in Wuhan, China, are considering alternative suppliers as facilities in the region face potential production delays.

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US Manufacturing Contracts To 2009 Level

January 03
14:24 2020
    US Manufacturing Contracts To 2009 Level

Economic activity contracted in December to lowest level in more than 10 years, according to the Institute for Supply Management.

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Fed Study Finds Trump Tariffs Backfired

December 30
10:38 2019
    Fed Study Finds Trump Tariffs Backfired

President Donald Trump’s strategy to use import tariffs to protect and boost U.S. manufacturers backfired and led to job losses and higher prices, according to a Federal Reserve study first reported by MarketWatch.

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U.S. Manufacturing Activity Stalls in November

December 02
11:35 2019
    U.S. Manufacturing Activity Stalls in November

U.S. manufacturing activity remains mired in contraction territory, according to the Institute for Supply Management.

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Trade Talks Stalled Over China’s Pledge On Ag Funds

November 14
16:09 2019
    Trade Talks Stalled Over China’s Pledge On Ag Funds

Trade talks between the U.S. and China have hit a snag over farm purchases because China leery of putting a numerical commitment in the text of an agreement, the Wall Street Journal reports.

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More Companies Blame Tariffs For Slowing Economy

July 19
21:36 2019
    More Companies Blame Tariffs For Slowing Economy

“I’m not hearing people blame the Fed as much as they’re blaming tariffs,” says CNBC’s Jim Cramer.

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U.S. Manufacturers Move Supply Chains Out of China

July 15
11:18 2019
  U.S. Manufacturers Move Supply Chains Out of China

Tariff costs prompt executives to shift production to other countries: ‘Once you move, you don’t go back,’ the Wall Street Journal reports.

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USTR Hearing: 7 Days of Tariff Testimony Begin

June 19
10:48 2019
  USTR Hearing: 7 Days of Tariff Testimony Begin

The hearings are a chance for businesses and other organizations to voice opinions surrounding the fourth list of proposed tariffs of up to 25% on $300 billion in Chinese goods.

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China’s Economic Activity Weakens Amid Tariff War

May 18
14:45 2019
  China’s Economic Activity Weakens Amid Tariff War

China’s factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth, Industrial Distribution reports.

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U.S. Manufacturing Output Unchanged in March

April 17
21:51 2019
  U.S. Manufacturing Output Unchanged in March

U.S. manufacturing output was unchanged in March after two straight monthly declines, resulting in the first quarterly drop in production since President Donald Trump was elected, Reuters reports.

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WTO: Tariff War Will Hammer Global Trade Growth

April 04
17:08 2019
  WTO: Tariff War Will Hammer Global Trade Growth

The reduced forecast for 2019 marks the second consecutive year the WTO has pared back expectations and broadly reflects similar readings from the World Bank and the International Monetary Fund.

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How Clean Manufacturing Is A Win-Win Proposition

October 25
17:01 2018
  How Clean Manufacturing Is A Win-Win Proposition

Now that more companies are realizing the financial and environmental benefits of investing in production methods and technologies that take the dirty work out of making stuff, clean manufacturing is no longer an oxymoron, Forbes reports.

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Caterpillar Says Tariffs Increasing Costs

October 23
11:23 2018
  Caterpillar Says Tariffs Increasing Costs

Industrial services powerhouse Caterpillar saw its stock price dive 8% when it gave disappointing adjusted earnings guidance for 2018, blamed partly on tariffs imposed by President Trump, The Hill reports.

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Trump Metals Tariffs Will Cost Ford $1 Billion In Profits

September 26
16:30 2018
  Trump Metals Tariffs Will Cost Ford $1 Billion In Profits

“From Ford’s perspective the metals tariffs took about $1 billion in profit from us,” CEO James Hackett said at a Bloomberg conference in New York. “The irony of which is we source most of that in the U.S. today anyway. If it goes on any longer, it will do more damage.”

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U.S. Ports Fear Tariffs Could Reduce Ship Traffic and Jobs

September 04
16:29 2018
  U.S. Ports Fear Tariffs Could Reduce Ship Traffic and Jobs

Port executives worry that tariffs could mean a slowdown in shipping that would have ripple effects on truckers and others whose jobs depend on trade, Industrial Distribution reports.

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3M Introduces Urethane Adhesives for Composite Assembly

July 31
14:05 2018
  3M Introduces Urethane Adhesives for Composite Assembly

These products are designed for lightweight assemblies in trucks, buses, RVs, speciality vehicles and passenger rail, and other markets like sporting goods and panels, Net Composites reports.

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Metal Prices Sink Profit At GM

July 25
12:22 2018
  Metal Prices Sink Profit At GM

Raw material costs expected to be $1 billion headwind in 2018 – double what the company expected, Bloomberg reports.

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4 Ways A U.S.-China Trade War Could Play Out

June 18
12:15 2018
  4 Ways A U.S.-China Trade War Could Play Out

The Trump administration is betting Beijing will blink first in the showdown over tariffs. Such an outcome is far from assured—and it could also take a while, according to Bloomberg.

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