U.S. auto companies, whose home state of Michigan has a large Arab community, have yet to make their views known. Wall Street has also largely stayed out of the fray.
U.S. Defense Secretary James Mattis’s directive gives Boeing a chance--even if it’s a long-shot--to reenter a program it lost to Lockheed in 2001, when its candidate for a stealthy fighter was passed over.
After decades of offshoring, President Trump is making a concerted effort to return manufacturing to the U.S. Could the world’s most valuable company become the poster child for that reshoring tide?
“This is the nightmare scenario for auto companies, which are being asked to make huge capital investments right before a slowdown in sales.”