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Manufacturer

Tariff instability and a break with China is hitting American companies hard, and homegrown manufacturer John Deere is no exception

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John Deere is the kind of homegrown, domestic manufacturer President Donald Trump claims to support, yet his tariffs and hostility toward China are threatening its bottom line. The Moline, Ill.- based tractor and agriculture machinery manufacturer boasted a record profit just two years ago, but since then its luck has turned. That’s partly because of … Read more

Former Intel board members: America’s champion is likely to retreat, and we still need a leading-edge chip manufacturer

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A little over five years ago, the Trump administration announced Operation Warp Speed to deliver a vaccine for COVID-19. It was one of the most stunning successes of Trump’s first term. Recognizing a crisis, the U.S. government facilitated a public-private partnership that likely saved millions of lives in record time. Now we must do it … Read more

Battery manufacturer Powin files for bankruptcy months after landing $200M loan

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Battery manufacturer Powin filed for bankruptcy on Wednesday. The Oregon-based company said it has more than $300 million in debt. The Chapter 11 filing will let the company continue operating while it restructures its debt. Powin manufactured grid-scale batteries using lithium-iron-phosphate (LFP) cells from China. The company had been searching for alternative domestic suppliers, but … Read more

How Trump’s sudden tariff policy changes are affecting one small clothing manufacturer in New York City: ‘Everyone’s terrified’

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It’s a Thursday afternoon in New York and Pauline Lock has a problem.  At the apparel factory she runs on West 36th Street, she’s storing hundreds of crisp cotton button-down blouses—a seasonal must-have—that are almost finished except for some critical details: The shirts’ buttons are stuck somewhere on their journey from China, and Lock is … Read more

‘The Trump administration can’t ignore Boeing,’ BofA says after China reportedly halts imports from the U.S. aircraft manufacturer

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China’s ban on Boeing deliveries amid an ongoing tariff battle with the U.S. has thrust the American aircraft manufacturer into the middle of the trade war. China ordered its carriers to stop all aircraft orders from Boeing, Bloomberg reported Tuesday, citing anonymous sources familiar with the matter. It’s the latest move in a trade war … Read more

iPhone manufacturer Foxconn confirms it would seek to buy Renault’s stake in Nissan if up for grabs 

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