
Stiglitz Slams Trump’s Tariffs as Misguided 1950s Manufacturing Revival
Nobel Prize–winning economist Stiglitz says Trump’s tariff plan can’t revive 1950s-style manufacturing, citing robot-driven factories, weak logistics and higher prices.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
Nobel Prize–winning economist Stiglitz says Trump’s tariff plan can’t revive 1950s-style manufacturing, citing robot-driven factories, weak logistics and higher prices.
Exploring the costs, labor gaps, and politics shaping the revival of U.S. manufacturing.
A U.S. business owner warns tariffs may not bring manufacturing back, highlighting global challenges in reshoring production.
China’s manufacturing PMI climbed to 50.5 in March, signaling expansion and steady growth in the sector.
Official March data reveals a 50.5 PMI for the manufacturing sector in the Chinese mainland, signaling modest expansion amidst global economic challenges.
Thyssenkrupp CEO praises the Chinese mainland’s manufacturing prowess with a 1 billion yuan investment, highlighting breakthrough global supply chains.
New report confirms the Chinese mainland remains dominant in global manufacturing, leading in 20 of 22 key intermediate goods.
Official data shows steady growth in China’s industrial production, driven by robust manufacturing and coordinated macropolicies.
China is set to transform its economy with ‘new quality productive forces,’ focusing on technological innovation, AI advancements, and digital transformation to drive high-efficiency growth.
China has made significant progress in laser technology, breaking foreign dominance and joining global leaders, says Ma Xinqiang of Huagong Technology.