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Watch CNBC's full interview with White House senior trade counselor Peter Navarro
CNBC Television· 2025-12-23 13:23
Tariffs and Trade Policy - The administration believes tariffs are not a tax on U S companies but a form of leverage against foreign countries that depend on the U S market [7][8][24] - The administration argues that countries with trade deficits with the U S depend on the U S economy and therefore bear the cost of tariffs by reducing prices [9][25] - The administration asserts that tariffs are a tool to rebalance global trade and bring back manufacturing and supply chains to the U S [19][5][14] - The administration views tariffs as a "beautiful thing" and a "dial for leverage" to negotiate trade deals and address non-tariff barriers [18][20][21] - The administration claims that tariffs have not caused inflation and are bringing investment into the U S [11][26] Manufacturing and Supply Chains - The administration acknowledges that bringing back manufacturing and supply chains takes time, similar to the time it took for China to build its manufacturing base [4][13][14] - The administration aims to bring back both factories and supply chains to the U S, emphasizing the national security aspects of domestic production [5][14] - The administration suggests that construction jobs will come first, followed by manufacturing jobs, as investment increases [6] Economic Outlook - The speaker expressed optimism about the economy, predicting the Dow Jones Industrial Average would reach 50,000 [16] - The administration is focusing on reducing inflation by addressing key areas such as housing, healthcare, and food [17] - The administration anticipates a great year in 2026, with tariffs playing a significant role in bringing investment [17][18]
enGene Reports Full Year 2025 Financial Results and Provides Business Update
Businesswire· 2025-12-22 21:03
The Company completed enrollment of 125 patients in the pivotal cohort, exceeding its target by 25%. Data from these patients demonstrated a generally favorable tolerability profile: The Company continues to believe that detalimogene's emerging profile supports its potential first line use in patients with high-risk, BCG-unresponsive non-muscle invasive bladder cancer with carcinoma in situ (CIS). BOSTON & MONTREAL--(BUSINESS WIRE)--enGene Holdings Inc. (Nasdaq: ENGN, "enGene†or the "Company†), a clinical ...
How Trump’s Tariffs Are Actually Hitting Detroit’s Auto Industry | WSJ
The Wall Street Journal· 2025-12-22 17:00
I'm in Leavonia, Michigan, a suburb of Detroit, at a company called AlphaUSA. This factory makes fasteners like these for the automotive industry. They're what keep your brake lines and your wires connected to the frame of your car as you drive down the street.Like many other small and mediumsiz manufacturers I've talked to this year, AlphaUSA is having problems with Trump's tariffs. >> You know, we're faced with an existential threat with this. Unless we get some relief or unless we can pass these costs on ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-12-22 15:30
“We’re on the verge of a design revolution — where you can pull an idea straight from your mind, shape it with your hands in 3D space, and print it into existence. That’s the future of manufacturing.” – Elon Muskhttps://t.co/AfRiTbISY5 ...
X @The Economist
The Economist· 2025-12-18 11:20
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/cYe5teClB4 ...
X @The Economist
The Economist· 2025-12-17 06:20
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/FoFSeMNgGu ...
X @The Economist
The Economist· 2025-12-16 02:40
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/2xairvypN5 ...
X @The Economist
The Economist· 2025-12-12 05:40
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/CdNO78W4VV ...
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-12-11 21:06
America can’t manufacture anything except rockets, weapons, pharmaceuticals, semiconductors, aircraft, chemicals, movies, music, and AI infrastructure.The critics are in disbelief. ...
X @The Economist
The Economist· 2025-12-11 03:40
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 ...