Tax

Tax reform means money can go where it’s needed most: empowering manufacturing workers to invest in the community, support their families, grow the economy, create more secure jobs, increase wages and make manufacturing in the U.S. more competitive.

Policy and Legal

NAM: Comprehensive Manufacturing Strategy Will “Ignite” Renaissance

comprehensive manufacturing strategy will be fundamental in “igniting the Industrial Renaissance of the United States,” the NAM told a House committee today ahead of a hearing of the same name. What’s going on: “Manufacturers call on President Trump and Congress to implement a comprehensive manufacturing strategy that would create predictability and certainty to invest, plan…

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Policy and Legal

Manufacturers Share Immediate Impacts Under Latest Tariffs

NHK News recently that his small business and others like it are the ones “writing the checks for” the new tariffs—and it’s not something they can keep up. “To absorb 25% or 50% in tariffs, it’s a task that we cannot in the long term endure,” Dardas said. “It’ll cause our company and many other…

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Policy and Legal

As Tariffs Hit, Manufacturers Brace for Impact

Urge Congress to Act Now on a Comprehensive Manufacturing Strategy That Starts with Making the 2017 Tax Reforms Permanent

Washington, D.C. – National Association of Manufacturers President and CEO Jay Timmons released the following statement on the latest tariffs announced today: “Needless to say, today’s announcement was complicated, and manufacturers are scrambling to determine the exact implications for their operations. The stakes for manufacturers could not be higher. Many manufacturers in the United States…

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Policy and Legal

Burgum Talks Taxes, Permitting and More

NAM–EY study. An economic backbone: “Manufacturing, as you know, has been the backbone” of the economy, Burgum said. “President Trump ran on bringing manufacturing back to the United States. His policies are driving to do that.” Unleashing U.S. energy: Timmons praised President Trump for his day-one lifting of the previous administration’s liquefied natural gas export…

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Policy and Legal

Timmons: “Stakes Couldn’t Be Higher for Manufacturers Right Now”

Houston Business Journal (subscription) in an interview during the first leg of the NAM’s Tuesday. Last Thursday, President Trump signed two executive orders manufacturers, and others are scheduled to sunset at the end of this year. What should be done: The impact of tariffs on manufacturers and consumers can be mitigated and the problem of…

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Policy and Legal

Survey: Trade Policies Shake Up Manufacturers’ Economic Outlook

Q1 2025 NAM Manufacturers’ Outlook Survey. What’s going on: In the most recent survey, conducted from Feb. 11 to Feb. 28, trade uncertainties moved to the top of the list of manufacturers’ concerns—with 76.2% of respondents citing them as their primary worry. Increased raw material costs came in second, cited by 62.3% of those surveyed.

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