All articles tagged with #us industry
The US government is considering a national robotics strategy to boost competitiveness in automation and AI, with industry leaders advocating for policies like tax incentives and trade protections, amid concerns about automation impacting employment and the balance between robotics and manufacturing growth.
Donald Trump has threatened to impose a 100% tariff on all movies not made in the US, claiming the American film industry has been 'stolen' by other countries. The move aims to address what he describes as a long-standing problem, but details on implementation and scope remain unclear, raising questions about its practicality and impact on the industry.
The recent immigration raid on a Georgia EV battery plant owned by Hyundai and LG Energy Solution has heightened risks for the U.S. electric vehicle industry, highlighting labor tensions, safety concerns, and geopolitical issues, amid a backdrop of declining EV sales and policy uncertainties.
President Donald Trump announced plans to implement tariffs on semiconductors and chips, potentially disrupting US hardware and AI companies, amid ongoing debates over export restrictions and efforts to boost domestic chip manufacturing following the 2022 CHIPs Act. The specifics of the tariffs remain unclear, and industry stakeholders are closely watching the administration's next moves.
President Donald Trump signed a proclamation imposing 50% tariffs on certain copper imports to protect US national security and support domestic copper industry, including measures to boost domestic refining and scrap sales, following a Section 232 investigation highlighting copper's importance to defense and the trade deficit.
China has established a near-monopoly on refining rare earth elements, crucial for electronics and defense, through decades of strategic control, industry consolidation, and environmental neglect, which has led to global reliance on Chinese supply and recent efforts by the US to develop independent sources.
The US coffee industry faces significant challenges due to potential 50% tariffs on Brazilian coffee imports, which could lead to higher prices for consumers and impact small roasters, amid ongoing trade tensions and climate-related supply issues.
US solar energy growth is expected to slow over the next five years due to federal policy shifts favoring fossil fuels, tariffs, and potential cuts to clean energy tax credits, leading to a forecasted 10% decrease in new capacity by 2030 compared to 2025.
Massachusetts, Rhode Island, and Connecticut have agreed to jointly procure offshore wind power in an effort to counter the challenges facing the US offshore wind industry, including rising costs and canceled contracts. The three states will seek multi-state offshore wind proposals for up to 6,000 megawatts of power, with any two or three states able to select a multi-state proposal and split the power from a single project. This collaboration aims to support the decarbonization of the power sector and boost domestic manufacturing.