Trade
Manufacturers: Bipartisan DOMINANCE Act Will Counter China’s Grip on Critical Minerals
Washington, D.C. – Following House passage of the bipartisan Developing Overseas Mineral Investments and New Allied Networks for Critical Energies (DOMINANCE) Act, National Association of Manufacturers President and CEO Jay Timmons released the following statement: “China’s dominance of critical mineral supply chains poses a growing threat to America’s manufacturing competitiveness, economic security and technological leadership—at …
Manufacturers: USMCA Supports Millions of American Jobs
Manufacturers’ Stories Highlight Advantages of Landmark Trade Agreement, Illustrate the Need for Improvements Ahead of North American Manufacturing Conference Washington, D.C. – As manufacturers, policymakers, congressional leaders and business leaders across North America convene in Washington, D.C., for the North American Manufacturing Conference today, a
Timmons Talks Role Models, Tax Reform, Family and More
From personal heroes to tax reform and tariffs, NAM President and CEO Jay Timmons covered it all in his recent appearance on iHeart Radio’s “CEOs You Should Know.” From the beginning: In his June 9
Steel and Aluminum Tariffs Doubled 50% Today
proclamation that doubled Section 232 tariffs on steel, aluminum and derivative products from 25% to 50%. Why it matters: The move marks a significant escalation in trade policy, with no exemptions or exclusions—and has immediate implications for manufacturers relying on imported metals. The details: The new rates took effect at 12:01 a.m. EDT on June …
Survey: Manufacturers’ Optimism Drops, Signaling Urgent Need to Pass Tax Bill
Washington, D.C. – The National Association of Manufacturers released its Q2 2025 Manufacturers’ Outlook Survey, revealing that optimism among manufacturers across the country has dropped sharply. Only 55.4% of respondents report a positive outlook for their companies—a nearly 15-percentage-point drop from Q1 and the lowest level since the height of the COVID-19 pandemic in Q2 …
Court Strikes Down Trump’s “Reciprocal” Tariffs
unanimous opinion, the three-judge panel found that the IEEPA “does not authorize the President to impose unbounded tariffs” and the administration exceeded its authority in imposing the “reciprocal” and fentanyl IEEPA tariffs. What it means: The finding strikes down the 10% baseline additional “reciprocal” tariffs announced on April 2 as well as the “reciprocal” tariffs …
Manufacturers: U.S.–U.K. Deal Good First Step; Push for a Final Zero-for-Zero Tariff Deal
Washington, D.C. – On the 80th anniversary of Victory in Europe Day, National Association of Manufacturers President and CEO Jay Timmons released the following statement today in response to President Trump’s newly announced trade agreement with the United Kingdom—the first deal since the administration’s recent shift in global tariff policy last month: “This is a …
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 …
90-Day Pause on Country-Specific “Reciprocal” Tariffs: What You Need to Know
executive order temporarily resets the additional country-specific ad valorem tariffs listed in
