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Manufacturing Policy

All articles tagged with #manufacturing policy

U.S. Auto Coalition Urges Trump to Block Chinese Manufacturers Ahead of Xi Summit

Leaders from six major U.S. automotive trade groups sent a letter to President Donald Trump urging him to maintain strict barriers against Chinese automakers. The coalition, which includes representatives for domestic and foreign manufacturers, franchised dealers, and suppliers, argues that allowing Chinese firms to manufacture in the U.S. would undermine fair competition and national security. This appeal coincides with upcoming diplomatic talks between Trump and Chinese President Xi Jinping, following Trump's earlier comments suggesting he might permit Chinese plants if they hire American workers.

via CNBC|

#business #china-us-trade #manufacturing-policy

business9 months ago•4 min saved

India bets on homegrown rare-earth magnets to curb China dependence

India approved a 73 billion rupee plan to build 6,000 tonnes of permanent magnets a year within seven years to cut reliance on Chinese magnets. While this aims to boost self-sufficiency, experts say success hinges on acquiring magnet-making expertise, securing raw materials (neodymium, dysprosium, terbium), and scaling production with competitive pricing and strategic partnerships, as China currently dominates processing and most supplies. The effort faces questions about feasibility, timing, and the ability to build a full domestic ecosystem.

via BBC|

#business #china-dependency #india