Manufacturers will save about $261 billion over the next decade thanks to the new Tax Cuts and Jobs Act. On paper, that should lead to new investments — in equipment, in workforce and beyond.
The president says the executive order "will prioritize reducing the nation’s vulnerability to disruptions in our supply of critical minerals safely and responsibility."
Treasury Secretary Steven Mnuchin: “We are in economic competition with China. This isn’t about trade wars. This is about reciprocal fair trade.”
President Donald Trump wants NASA to return to the Moon for the first time in almost 50 years. Plenty of hurdles stand between now and another lunar landing.
Ford is boosting its investment by $200 million and adding 150 more jobs to the Michigan plant as part of the shift, which will bring the driverless car to market in 2021.
“We will always look at different opportunities,” Canada's prime minister said Thursday.
The announcement is the latest sign the Trump administration plans to crack down on what it sees as China’s efforts to flood global markets with cheap metals.
Imports of the metal from China totaled 52,590 metric tons in October, holding near the lowest level since February 2011.