Finance News – Manufacturers
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The unintended consequences of Trump’s copper tariff
The recent 50 percent tariff on copper is likely to increase costs for American manufacturers due to limited domestic processing capabilities despite abundant copper reserves.
Read Full Article →Canada's manufacturers suffer largest drop in output since the pandemic as tariffs roil sector
Canadian manufacturing output has declined significantly due to ongoing trade tensions, leading to reduced production levels and continuous job losses over the past five months, in...
Read Full Article →Manufacturers fear Labour government will ‘derail growth’
Recent data indicates a decline in manufacturing output during June, prompting business owners to assess growth opportunities amid new government policies targeting key industrial...
Read Full Article →Shiploads of cars ready to set sail for US from UK as trade deal kicks in
The initiation of the new agreement between the UK and US is anticipated to boost vehicle exports significantly, although concerns have been raised about the economic impact on Bri...
Read Full Article →UK cement sector ‘at risk of cracking’ despite industrial strategy
The ongoing reduction in UK cement output poses potential economic challenges, even as the government implements measures aimed at lowering energy costs to support industrial growt...
Read Full Article →Industry electricity costs for 7,000 businesses to be slashed by up to a quarter
Starting in 2027, 7,000 UK businesses will benefit from a substantial reduction in their electricity expenses, potentially easing financial burdens and improving competitiveness wi...
Read Full Article →'Tariff engineering' is making a comeback as businesses employ creative ways to skirt higher duties
Many companies are adjusting their product designs strategically to reduce import taxes, utilizing legal methods that help minimize expenses associated with international trade tar...
Read Full Article →UK manufacturers look East as production hopes rise
UK manufacturers are increasingly seeking opportunities in Asian and Middle Eastern markets, reflecting a strategic shift that could influence investment flows and trade patterns a...
Read Full Article →Reeves’ tax raids and tariff woes strain UK manufacturers
British manufacturers faced ongoing financial pressures in May as increased taxation and trade barriers contributed to a subdued operational outlook, despite a slight improvement i...
Read Full Article →Trump claimed ‘tariffs are easy’ – he’s learning the hard way that’s not the case
The unexpected legal challenges to the administration’s trade measures could significantly impact federal revenue, international commerce, and domestic employment projections, alte...
Read Full Article →Why Donald Trump’s plan to weaken the dollar is flawed | Kenneth Rogoff
A proposed strategy to reduce the dollar’s value aims to address trade imbalances and support domestic manufacturing, but its potential impact on global markets and economic stabil...
Read Full Article →Ministers urged to seek tariff exemption for aircraft and engines
UK ministers are being encouraged to pursue a tariff exemption for civil aircraft and engine parts to mitigate potential supply chain disruptions and support timely aircraft delive...
Read Full Article →Little respite for carmakers despite Trump’s tariff rowback
The recent reduction in import taxes for foreign parts offers limited relief to a global automotive industry that continues to face significant challenges and pressure amid ongoing...
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