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Rivian CEO on importance of trade negotiations with China
CNBC Television· 2025-09-16 17:01
You need the magnets. You need the raw materials from China. The president is working uh to negotiate a final agreement with China.Do you need that done by a certain amount of time before you start to say, "Hold on, the warning light is flashing that we're in trouble here." Yeah, we've talked a lot about export controls around heavier earth metals, you know, which come out of China today. I think there's two pieces. One is, of course, we need to continue to have trade relationships with China on those heavi ...
This American cookware maker says paying more than $200k in tariffs could be good for business
NBC News· 2025-08-07 21:48
President Trump's tariffs are likely going to cost this Tennessee cookware manufacturer hundreds of thousands of dollars. The products that we manufacture are almost entirely made out of steel and aluminum. As you might imagine, the steel and aluminum tariffs uh affect it very significantly.Basically, all of our input costs are going up by at least 50%. But Heritage Steel believes there could be some advantages. For right now, it is a tough pill to swallow.But I guess it's just everyone is having a tough pi ...