Kishkumen wrote: ↑Thu May 08, 2025 2:02 pm
Massive blow to Trump as Japanese car giant [Subaru] moves manufacturing OUT of US in tariff twist
https://www.msn.com/en-us/money/compani ... r-AA1DzZ4y
15 Iconic American Brands Saying Goodbye to the USA in 2025 (Craftsman Tools, Gibson Guitars, New Balance, KitchenAid, Crayola, Hershey's, Wilson Sporting Goods, Ray-Ban, Wrangler, Nike, American Girl Dolls, Converse, Levi Strauss, Harley-Davidson)
https://craftyourhappyplace.com/iconic- ... a-in-2025/
These Companies Have Pulled Out Products from the US Due to Trump's Tariffs
From airplanes to toys and even spirits, industries across the board are stepping back. Delta Air Lines and Frontier Group, two major players in US aviation, recently withdrew their 2025 financial forecasts.
https://www.ibtimes.com/these-companies ... fs-3770590
These companies invested in being American-made. Tariffs are hurting them, too
https://www.fastcompany.com/91327234/am ... by-tariffs
Automakers aren’t rushing to move production to US factories to avoid tariffs
But after seeing Canadian and Mexican tariffs announced and then put on hold a couple of times already this year, automakers aren’t really sure what’s next. And even if they believe the tariffs will be in place for as long as Trump is in office, they say there’s no way to quickly pivot to significantly limit the costs of the tariffs being passed onto car buyers.
https://www.cnn.com/2025/03/27/cars/us- ... s-intl-hnk
Want to Bring Factories Back? This Is What It Takes.
However, the process of onshoring production is far more complex and time-consuming than policymakers and the public may realize. Companies moving manufacturing to the U.S. will likely face a long and bumpy road—one that could involve supply chain disruptions and higher inflation.
https://www.barrons.com/articles/Trump- ... s-a36686cb
People Thought Ford Was Moving Four Factories Back To U.S.
Ford spokesperson Dan Barbossa told Snopes via email, adding that Ford hasn’t made any announcements regarding the automaker’s plans to shift production.
https://fordauthority.com/2025/04/peopl ... ck-to-u-s/
Manufacturing activity hits 5-month low as Trump tariffs leave businesses in 'state of near paralysis'
US manufacturing activity slid to a five-month low in April as President Trump's tariffs continued to create uncertainty for businesses.
The Institute for Supply Management's manufacturing PMI fell to 48.7 in April, below the 49 seen the month prior. Readings below 50 indicate contraction in the sector.
https://finance.yahoo.com/news/manufact ... 27991.html
Tariffs force U.S. bicycle company to halt imports from China
"We had already shifted some of our business, almost half our business, to several of the countries on that list," Kamler said. "And we're getting out of China and now we're still getting slammed. It's just completely unfair."
Arnold indicates that fully manufacturing and assembling their bikes in the U.S. is not financially tenable from a cost-perspective.
https://www.cbsnews.com/news/tariffs-u- ... rom-china/
'A matter of survival': Small Businesses Speak Out on Tariffs
“I will be in business 40 years next year. ... At the end of this year, my once successful family business is done. Without warning, we may have to close unless the tariffs are taken away. I do not have time to change suppliers or build a shoe factory.”
— Jeffrey Savoca, president, Up-Front Footwear, Mount Joy, Pennsylvania
https://www.uschamber.com/small-busines ... de-tariffs
I could keep this up all day, but you probably get the point. The more worrying thing, in my view, is the impact on small business. Most Americans are employed by small businesses, and many small businesses will shutter thanks to these tariffs. That will have a broad and devastating impact on the economy and real Americans that Apple's (and other giant corporations') expansion cannot hope to compensate for.
This is good Kish, it sure beats identity politics. I haven't read you links yet, or checked them out, but I do look forward to doing so.
There will be gives and takes here, and Trump said so and it is expected. What I want to see is a long term fix to the decline of manufacturing and the middleclass since free trade became the SOP. I hope we can agree with that.
Currently there are by some accounts up to 8 trillion dollars of promised investments to infrastructure coming here, or back here. So I think it is fair that we look at what we are loosing; it only makes sense.
So I am going to look at the first link and see what we, as a nation are loosing, and we can compare it to what we are gaining. We should also look at quality and the future long term of the investments.
I'll start with Craftsman, being a tool person, and collect vintage tools, I love vintage Craftsman tools, and own several vintage Craftsman wood working tools. Craftsman how ever is a brand and the tools, are outsourced and made by other companies. As an example their hand planes were made by Stanley, or Sargent, and were branded as Craftsmen.
Craftsman tools have been out sourcing to China, Taiwan, and Vietnam for years. Their Texas plant closed in 2023, and started outsourcing more to China, like sockets and pliers. Their power tools are almost all sourced overseas these days. And as a tool guy, their power tools are okay for the home owner, but commercially you rarely see them on a jobsite.
So my point is here they have been going south for sometime and can't compete with the Dewalt, Bosh, Milwaukee, Makita, or even Ryobi....for quality. As a tool guy they are inferior. And they are owed by Black and Decker these days, who ironically own Dewalt also. And they have been struggling for decades as Sears did. China took them down if anything.
I'll look at Gibson Guitars next, that sounds like a bummer if we loose them.