Robotics & Automation News

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trump

Trump announces tariffs on imports from Mexico

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After recently increasing the percentage of tariffs and applying them to a broader range of Chinese imports, US President Donald Trump has now imposed new tariffs on imports from Mexico. 

The proposed 5 percent tariff on all Mexican imports is yet to be made official, but Trump’s announcement has already caused concern across a range of sectors.

Trump said today on Twitter: “On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied, at which time the Tariffs will be removed. Details from the White House to follow.” [Read more…] about Trump announces tariffs on imports from Mexico

US footwear manufacturers call for Trump to end new China tariffs

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More than 200 footwear manufacturers in the US have sent President Donald Trump an open letter calling for an end to what they call the “catastrophic” and “unfathomable” new tariffs on Chinese imports. 

The companies include global and household names such as Adidas, Cat, Converse, K-Swiss, Nike, Puma, Ugg, and Under Armour, among many others.

The letter was sent under the auspices of the Footwear Distributors and Retailers of America, the leading industry association, representing a total of 500 companies and brands worldwide. [Read more…] about US footwear manufacturers call for Trump to end new China tariffs

Trump trade tariffs to hit $300 billion worth of Chinese goods

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US President Donald Trump’s proposed increase in tariffs will hit $350 billion worth of goods imported from China, according to economic analysts.

Trump announced his intention to impose the additional tariffs recently in a tweet, but the US and China are currently locked in trade talks and there may be some modifications to the proposal.

The effects of his announcement, however, have been far-reaching, and are said to be the reason for the $1 trillion fall in share prices around the world.

[Read more…] about Trump trade tariffs to hit $300 billion worth of Chinese goods

Chinese exporters accuse Trump of not playing by the rules

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Chinese export companies have strongly criticized President Donald Trump for deciding to increase tariffs on imports into the US by another 10 percent, bringing them up to 25 percent for hundreds of billions of dollars’ worth of manufactured goods.

Comments reported by the South China Morning Post say Chinese exporters are decrying Trump as a business “killer” who “never plays by the rules”.

One exporter, Liao Yu, who produces bags and suitcases, said: “A 25 per cent [tariff] will kill everyone.”

[Read more…] about Chinese exporters accuse Trump of not playing by the rules

Trump to raise tariffs on China goods to 25 percent

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US President Donald Trump is preparing to raise tariffs on Chinese imports to 25 percent from the current 15 percent.

The levies will affect approximately $350 billion worth of Chinese exports to America.

Trump made the announcement through Twitter. He tweeted: “For 10 months, China has been paying tariffs to the USA of 25 percent on $50 billion dollars of high-tech, and 10 percent on $200 billion of other goods.

[Read more…] about Trump to raise tariffs on China goods to 25 percent

Foxconn boss reiterates commitment to build factory in Wisconsin

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Foxconn boss Terry Gou has reiterated his commitment to building a multi-million-dollar factory in Mount Pleasant, in the US state of Wisconsin.

The chairman of Foxconn, which is better known as Hon Hai Precision in its native Taiwan, met with US President Donald Trump at the White House earlier this week.

After the meeting, media reports suggested that Foxconn will make additional investments in the Wisconsin facility.

Read moreCNBC

Briefing – Robotics and Automation in Manufacturing: Making America create again

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In this article, Robotics and Automation News ponders on the prospects for, and recent history in, America’s manufacturing sector.

One of the main reasons Donald Trump won the US presidential election is because he pledged to revitalise the American manufacturing sector and bring back jobs that have been lost to other nations over the past couple of decades.

Some may argue that he’s done well so far, persuading big-name companies such as Apple and General Motors to increase their investment in manufacturing operations in the US rather than spend the money abroad.  [Read more…] about Briefing – Robotics and Automation in Manufacturing: Making America create again

‘Trump’s trade war will trigger the biggest wave of automation in history’, says expert

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US President Donald Trump’s trade policies will “trigger the biggest wave of automation in history”, according to an economics expert writing on Forbes.com. 

Trump has spoken out against a variety of international trade agreements to which the US had previously signed up to.

And since he became president, Trump has taken the US out of the Trans-Pacific Partnership and is discussing how to also take it out of the North American Free Trade Agreement, or Nafta.  [Read more…] about ‘Trump’s trade war will trigger the biggest wave of automation in history’, says expert

Apple to build three ‘big, big, big’ manufacturing plants in the US, claims Trump

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President Donald Trump says Apple CEO Tim Cook has committed to building “three big manufacturing plants in the US”, according to a report on the Wall Street Journal website. 

In an interview with the business and investment newspaper, Trump is reported to have said: “I spoke to [Cook], he’s promised me three big plants – big, big, big.

“I said you know, Tim, unless you start building your plants in this country, I won’t consider my administration an economic success. He called me, and he said they are going forward.”  [Read more…] about Apple to build three ‘big, big, big’ manufacturing plants in the US, claims Trump

US manufacturing sector is seeing ‘record investment’, says Pence

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The manufacturing sector is experiencing a dramatic turnaround in business, according to figures released by the White House. 

President Donald Trump has consistently said he wants the manufacturing sector to grow and has personally intervened to persuade many large manufacturing companies to consider relocating or expanding their operations in the US.

However, the vast majority of manufacturing companies in the US are small businesses, of less than 100 people.  [Read more…] about US manufacturing sector is seeing ‘record investment’, says Pence