For the last several decades, China has attracted production facilities across nearly every industrial sector. But as China’s cost advantages erode and trade tensions escalate, some may be having second thoughts.
U.S. manufacturing may seem to be on the ropes these days with all the reports of a decline in activity, but as National Manufacturing Day neared on Friday, Americans’ perceptions about the national industrial backbone remained strong.
In the midst of a pitched battle with Wall Street, rising global trade tensions, growing anti-business sentiment and incredible technological change, we asked FedEx founder and CEO Fred Smith about his company, his leadership—and what to watch for next.
President Trump’s escalation of the trade fight with China may have spooked global markets, but U.S. CEOs are taking it in stride so far, according to Chief Executive’s monthly reading of CEO confidence.
America’s trade dispute with China is a morass that threatens to become a tar pit for CEOs of many U.S. manufacturers, even as President Trump’s tariffs provide direct protection of many other companies. Steve Harriott, CEO of Watchfire Signs in Danville, Illinois, is one of the worried ones.
The trade battle between the U.S. and Chinese governments is in full swing, with tariffs on $34 billion in imported Chinese goods going into effect today, and China matching that number on a list goods imported from the U.S.
A survey of 300+ CEOs conducted in early May shows declining confidence in business conditions, even as economy reopens in many parts of the country and around the world. But there could be a silver lining.