What counts are total manufacturing costs, and America is starting to look very competitive. America’s higher levels of automation and lower input costs have triggered dramatically better productivity.
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Global MFG - Feb 1, 2019
The real story behind American manufacturing: advanced jobs, [that] are cool jobs that command strong salaries.
The Trade War Is a Farce
As the World Economic Forum (WEF) annual meeting continues in Davos, Switzerland, this week, discussions around global trade, the future of advanced manufacturing, and the Fourth Industrial Revolution are at an all-time high. In particular, the popular news media has been making a daily diet talking about the U.S. trade war with China. Unfortunately, they are missing the real story: the potentially profound effects of reshoring on U.S. manufacturing and on the widening skills gap.
Global MFG - Dec 4, 2018
The new NAFTA deal won’t go into effect right away. Each country’s legislature also must approve the agreement. Already, key members of Congress from both parties have expressed significant concerns with USMCA and are demanding changes.
President Signs New Trade Agreement with Mexico And Canada To Replace NAFTA
President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto signed the new U.S. Mexico Canada Agreement — or USMCA — in Buenos Aires on Nov. 30. The agreement provides increased requirements for automotive components to be produced in North America and follows more than a year of talks to update the 24-year-old North American Free Trade Agreement (NAFTA), which supports about $1.2 trillion in annual trade among the three countries in the USMCA.