News in North American Manufacturing
Negotiators from the United State and China continued to discuss a potential limited trade pact last week, but no breakthrough was made in negotiations. If the impasse is not broken, the United States likely will […] Read More
Last week, the Metals Service Center Institute (MSCI) and more than 1,000 trade associations, labor unions, and businesses sent a letter to members of Congress urging them to repeal the “Cadillac Tax,” a 40 percent […] Read More
As readers certainly will recall, the U.S. Congress passed comprehensive reform of the U.S. tax code in late 2017. The Tax Cuts and Jobs Act (TJCA) reduced both corporate and individual tax rates, and created […] Read More
The U.S. goods and services trade deficit was $47.2 billion in October, down $3.9 billion from $51.1 billion in September. October exports were $207.1 billion, $0.4 billion less than September exports, while imports were […] Read More
The IHS Markit global steel users purchasing managers index (PMI) fell from 51.5 in October to 50.7 in November due to the fact that new orders rose, but at a slower rate than a […] Read More
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