Us Manufactured Goods
US small manufacturers hopeful on tariffs, but fear growing uncertainty
Drew Greenblatt is fully on board with the Trump administration's use of tariffs to rebalance a global trading system that it says favours foreign companies over US manufacturers. Greenblatt is the president and owner of Marlin Steel Wire Products in Baltimore, Maryland, which makes baskets and racks for medical device manufacturers, aerospace companies, food processing companies and others. It has 115 employees and makes its products in three locations in Maryland, Indiana and Michigan. The steel is sourced from Tennessee, Illinois and Michigan. Currently, it's hard to compete with baskets made overseas., Greenblatt says, because the countries he competes against have an unfair advantage. For example, due to European tariffs and taxes, it costs much more for a German consumer or company to buy Marlin wire baskets than it does for Americans to buy a German-made basket, creating an uneven playing field, Greenblatt said. It's wildly unfair to the American worker, he said. And this has
 "US small manufacturers hopeful on tariffs, but fear growing uncertainty")
US manufacturing contracts again as tariffs, inflation fears rise
Domestic manufacturers rely heavily on imported raw materials and could experience a severe disruption in supply chains, economists warneds
 "US manufacturing contracts again as tariffs, inflation fears rise")
J&J plans to invest more than $55 billion in US over the next 4 years
The drug and device maker said this represents an increase of 25% in investment compared to the past four years
 "J&J plans to invest more than $55 billion in US over the next 4 years")
Americans want local goods, but not willing to pay more
Trump has also been quick to promote US-made goods & released a "Made in America Product Showcase"
 "Americans want local goods, but not willing to pay more")
US factory orders fall; core capital goods orders revised up
Factory goods orders dropped 0.8 per cent, said the Commerce Department
 "US factory orders fall; core capital goods orders revised up")
