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Industrial Manufacturing: Page 20

U.S. Trade Deficit Narrows by Most on Record as Imports Plunge

The April trade report showed imports of consumer goods slumped $33 billion, largely due to a sharp decline in inbound shipments of pharmaceutical preparations.

Photo: iStock/Olivier Le Moal

U.K. Gets Temporary Reprieve from 50% Tariffs

Trump said in the order that the U.K. needed "different treatment" because of the U.S.-U.K. Economic Prosperity Deal (EPD) signed on May 8.

Photo: Bloomberg

U.S. Manufacturing, Imports in Slump

The manufacturing sector has been in contraction for most of the past two years.

Photo: iStock / DSCimage

Report: Leather Supply Chains Face 'Persistent' Human Rights Issues

The FLA identified a troubling lack of supply chain transparency for farms, slaughterhouses and tanneries, with low visibility into working conditions and product traceability.

Photo: iStock / Biggereye

Brazil Sues BYD Over Forced Labor Allegations

Federal agents claimed that workers had up to 70% of their salaries withheld, were made to pay their employers a deposit, and had their passports withheld.

Fatal for the competition? Photo: iStock/Robert Way

Canadian Aluminum Trader Blames Its Bankruptcy on Trade War

Sinobec is one of the first companies to directly blame Trump’s trade war for contributing to its bankruptcy.

Cut aluminum signs at a manufacturing facility in Langford, British Columbia. Photographer: James MacDonald/Bloomberg

U.K. Trucking Association Accuses Truck Makers of Delaying Legal Redress

In 2016, DAF, Volvo, MAN and Iveco, were fined about €3 billion by the European Union for colluding for 14 years on pricing.

Photo: iStock.com/yevtony

CATL's $2 Billion German Plant Boosts China’s Invest-Abroad Bet

Chinese companies are discovering some downsides to the build-abroad strategy, including more labor-management tensions than are typical in China.

The Contemporary Amperex Technology Co. Ltd. EV battery factory on the outskirts of the German town of Arnstadt, on May 8. Photographer: Iona Dutz/Bloomberg

China Speeds Efforts to Make Supply Chains Domestic

Two-dozen companies listed in Shanghai and Shenzhen have told investors in recent weeks of plans to ramp up domestic sourcing for parts across a variety of industries.

Photo: iStock.com/Thicha studio

Kraft Heinz Commits $3B to U.S. Manufacturing Upgrades

The May 14 announcement marks the largest such investment made by the company in a decade, and will cover the 30 plants Kraft Heinz operates across the U.S.

Photo: iStock / BD Images

Survey: Tariffs a 'Slow Bleed on Profitability' for U.S. Manufacturing

Workforce reductions have been widespread across sectors, with 45% of companies reporting job cuts of 5-10% as a direct result of tariff-driven cost pressures.

Photo: iStock.com/DedMityay

Report: U.S. Manufacturing is 'Still Playing Catch-up'

Efforts to nearshore manufacturing out of Asia and into Mexico also slowed in 2024, as consistent access to roads, energy and water remained a "persistent challenge."

Photo: iStock / joecicak

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