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Danaher predicts $350M tariff impact, moves to mitigate impact on profits
The company is planning manufacturing footprint changes, supply chain adjustments, surcharges and cost cutting to limit the impact of the tariffs.
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Boeing Q1 revenue jumps to $19.5B as tariff impacts loom
The company is successfully ramping back up production, but is dealing with fallout from the U.S.’s trade war as China customers refuse to accept deliveries.
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Tracking tariffs: The latest frontier in AI
Avanade, Enterra and others are rolling out new tools to help manufacturers track the impact of tariffs on their supply costs and improve decision-making.
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Commerce finalizes tariff rates on solar imports from Southeast Asia
The 3,403.96% subsidy rate set for four Cambodian solar exporters is “among the highest rates I've ever seen,” said American Alliance for Solar Manufacturing Trade Committee attorney Tim Brightbill.
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Auto manufacturers: US tariff policies ‘will scramble the global automotive supply chain’
In a letter to the Trump administration, industry leaders say recent actions will increase costs and eliminate jobs.
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Clean energy manufacturers cancel projects as Trump-era policies take hold
Companies canceled, closed or downsized nearly $8 billion in projects in Q1.
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Caterpillar pledges $100M to upskill workforce in AI era
Workers on average can expect two-fifths of their existing skills to be transformed or outdated by 2030, according to a World Economic Forum report.
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Boeing to sell some digital businesses for $10.55B
The sale to private equity firm Thoma Bravo comes as the aircraft maker strains to shore up its finances.
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Roche, answering tariff threat, pledges $50B to US drug production
The big pharma joined several of its peers in committing to invest billions of dollars in new and expanded manufacturing facilities in the U.S.
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Cranky the robot and shorter work weeks: What manufacturers see as the value of AI
Deere & Co. and Procter & Gamble are leveraging new strategies to galvanize their workers around the future of work, rather than fuel job security concerns.
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Chobani to spend $1.2B on New York dairy processing plant
The 1.4 million-square-foot facility is the largest site investment in the yogurt giant’s history.
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How chemical manufacturers can train AI models
Companies can use AI to summarize lengthy regulations, such as TSCA, but need to continually verify data accuracy, panelists said at last week’s GlobalChem conference.
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How food manufacturers are embracing AI to forecast trends and navigate regulatory hurdles
Executives from Kellanova, Ingredion and consumer insights platform Tastewise say innovative tech can help companies stay ahead of the latest trends and potential supply chain headwinds.
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Deep Dive
Trump’s tariffs aim to reverse decades of industry decline. Will they succeed?
While major firms like TSMC and Nvidia have announced massive U.S. investment in recent weeks, experts are skeptical the policies will lead to a widespread revitalization of domestic manufacturing.
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Collins Aerospace to lay off 287 at California, Iowa plants
The Boeing supplier and its parent company, RTX, have also cut an undisclosed number of jobs at facilities in Illinois and Connecticut.
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Abbott expects a ‘few hundred million’ in tariff costs in 2025
The medical device maker said it’s on track to expand two new manufacturing and R&D sites in Illinois and Texas by the end of the year.
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JCB plans San Antonio factory expansion to dodge Trump’s tariffs
The U.K.-based heavy machinery manufacturer said the levies will impact its business in the short term.
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Canada grants limited reprieve on auto tariffs
The country will allow a certain amount of U.S.-assembled cars to be imported duty-free provided companies maintain minimum domestic production and investment levels.
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Opinion
‘Made in America’ is not enough
The U.S. needs to go beyond tariffs to modernize the country’s trade regulations and create a forward-looking strategy for global competitiveness, writes Crowell Global Advisors’ Monica Gorman.
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J&J expects tariff charge of $400M this year
CFO Joe Wolk told investors the charge was primarily in the healthcare giant’s medtech business.
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Trump administration ordered to resume IRA funding
A federal judge’s decision, which stated agencies lacked authority to pause funding, follows the president’s executive order to freeze the money on his first day in office.
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Trump orders Section 232 probe of critical minerals
Similar investigations into other industries have been a precursor to sector-specific tariffs from the U.S., which wants to boost its domestic rare earth supply.
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Post to shutter 2 cereal plants, cut 300 jobs
The facilities in Ontario and Nevada are expected to close by the end of 2025.
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US to investigate semiconductor imports
The Section 232 investigation comes ahead of anticipated tariffs on the industry.
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Bringing an AI boost to additive manufacturing
The technology can make it easier for companies to use 3D printing and enhance the design process.
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