US manufacturing is showing persistent signs of stagnation despite a policy push from both political sides — with President Donald Trump deploying steep tariffs and former President Joe Biden previously handing out subsidies — to shore up domestic industry. Job losses and tepid production data point to a sector still waiting for momentum to return.Factories in the US cut 7,000 …
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Higher steel tariffs to dent exports as companies look at other markets – Times of India
Representative image (Picture credit: AP) NEW DELHI: Doubling of import duty on steel and aluminium by the Trump administration will dent export demand, with companies having to scout for alternative markets.Several US importers have gone slow on fresh orders as costs went up significantly after the imposition of 25 per cent duty, although India was not seen to be worse …
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