Longi began evaluating the move before a U.S. trade case was filed in April seeking tariffs to protect domestic manufacturers, says Archie Flores, general manager of the company’s U.S. unit.
Plans for a new facility, probably located next to an existing Airbus plant in Mobile, "would make no economic sense," according to Boeing.
“We are not going to let the United States be taken advantage of anymore.”
For those keeping score, the energy and transportation sectors appear to be winners.
The timing has never been better for the U.S. to take back control and align itself for success by implementing a reasonable minimum wage that’s manageable for manufacturing companies and fair to employees.
The U.S.’s $69 billion trade deficit with Japan is its second-highest behind only China, fueled largely by American imports of cars and electronics.
Softer domestic demand was the "main culprit," according to one economist.
Boeing might deepen its collaboration with Brazil's Embraer and launch a new aircraft, in answer to Bombardier's alliance with Airbus.
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