America can’t manufacture anything except rockets, weapons, pharmaceuticals, semiconductors, aircraft, chemicals, movies, music, and AI infrastructure.The critics are in disbelief. ...

Around the world, politicians are fixated on factories. But this obsession with factories is built on myths—and will be self-defeating https://t.co/OZ1woB4w0D ...

Around the world, politicians are fixated on factories. But this obsession with factories is built on myths—and will be self-defeating https://t.co/jb8z1oOL58 ...

Port of Los Angeles Volume and Performance - Port of Los Angeles experienced a "roller coaster" year due to tariffs and trade discussions, with freight plummeting when hard policies were announced and recovering quickly when deadlines were extended [2] - The port anticipates its third-best year ever in 2025, handling approximately 1025 million 20-foot equivalent units (TEUs) [2][3] - No other port in the nation has ever crossed the 10 million TEU mark, a feat Los Angeles has now achieved three times [3] - The port's high-water mark was in 2022 at 107 million container units, following the COVID surge and increased online buying [4] - During the peak season of the past summer, the port moved more cargo than at the peak of the COVID surge without any ships backed up [15] Trade and Manufacturing Shifts - The President's efforts to increase manufacturing in the United States could potentially shift the port's volume dynamics, potentially increasing export opportunities [4][5] - A sector-specific review is needed to determine which products to manufacture in the US, how to structure supply chains, and what labor force training is required [6][7] - China's share of the port's business has decreased from approximately 60% in 2018 to 40% currently, with a continued downward trend [8][9] - Companies are increasingly sourcing from Southeast Asian countries like Vietnam, Indonesia, Malaysia, and Thailand [9] - China is now exporting its manufacturing expertise to other countries, as outlined in their 15th 5-year plan [10] Infrastructure and Future Development - Significant progress has been made in infrastructure investment over the last four to five years, including new terminals, rail and road connectors, and inland facilities [13][14] - Further infrastructure investments are still needed, including raising a bridge, bringing more terminal capacity online, and improving rail infrastructure to expedite container evacuation [15]

Industry Focus - Politicians worldwide are overly focused on factories [1] - This focus is based on misconceptions and could be counterproductive [1]

Economic & Social Strategy - Addressing social issues requires broad-based prosperity, not just for those with advanced degrees [1] - Manufacturing is the largest segment of the economy and has been offshored for too long (20 years) [1] - Re-industrialization of the United States is crucial for economic recovery [3] Industrial & Technological Opportunity - The AI industrial revolution presents an opportunity to bring manufacturing back [2] - Companies like Nvidia are enabling a large ecosystem of suppliers [2] International Partnership - Encouraging partnerships with companies, including those from Taiwan, to support US re-industrialization [3] - Taiwan's support in the re-industrialization effort deserves recognition [3]

Around the world, politicians are fixated on factories. But this obsession with factories is built on myths—and will be self-defeating https://t.co/NMIMKCg7Pm ...

Consumer Sentiment - Consumer sentiment improved slightly, coming in at 51, surpassing the street's expectation of 50.3, although lower than the previous 53.6 [1][2] - Current conditions were reported at 51.1, missing expectations of 52.3, while consumer expectations were at 51, exceeding the forecast of 49 [2][3] - One-year inflation expectations decreased to 4.5%, down from 4.6%, and better than the anticipated 4.7% [3] Economic Indicators - S&P Global Flash PMI showed services at 55 and manufacturing at 51.9, indicating a mixed economic outlook [6][7] - Manufacturing remains weak but is not in contraction, while services exceeded expectations [6][7] - New orders in the services sector spiked significantly, marking the largest rise since 2024, suggesting potential demand growth [8] Commodity Market - Oil prices are under pressure, currently at $57 per barrel, influenced by geopolitical developments regarding Ukraine and Russia [11][19] - Lithium prices may be affected by the reopening of a mine in China, which accounts for about 3% of global supply, potentially easing supply constraints [12][13][16] - The overall commodity market is experiencing varied narratives, with different factors influencing prices across sectors [17][18]

Around the world, politicians are fixated on factories. But this obsession with factories is built on myths—and will be self-defeating https://t.co/OyDcy5BSn0 ...

Make America great again. >> Donald Trump's attempt to make [music] America great again could cost it its influence here in Asia, the world's fastest growing region. Bloomberg Economics says Asia is set to comprise almost 60% of the global economy by 2050.[music] That's compared to just 11% for the US when measured in so-called purchasing power parity terms. And faced with Trump's belligerent tariffs, Asian nations are finding ways to work together to get around his America first policies. Longtime rivals l ...