Tag Archives: manufacturing

WASHINGTON (AP) — Democrats and Republicans don’t agree on much, but they share a conviction that the government should help American manufacturers, one way or another. Democratic President Joe Biden handed out subsidies to chipmakers and electric vehicle manufacturers. Republican President Donald Trump is building a wall of import taxes — tariffs — around the U.S. economy to protect domestic …

CNN  —  America’s plan to “re-industrialize” technology manufacturing is “exactly the right thing,” said Jensen Huang, CEO of the world’s leading AI chipmaker. In an interview with CNN’s Fareed Zakaria, Huang, who heads the Santa Clara, California-based Nvidia, said the United States should invest in manufacturing and is currently “missing that entire band in our industries.” “That passion, the skill, …

New York CNN  —  President Donald Trump’s shock-and-awe tariff campaign is off to a slow start when it comes to reviving American manufacturing jobs. While it will take time for the full impact to play out, the early results suggest that not only have tariffs failed to inspire a hiring boom, but the chaotic policy rollout is paralyzing businesses. Economists …