In this episode of US Manufacturing Today, hosted by Matt Horine and sponsored by Veryable, several major investments and economic shifts in the US manufacturing sector are discussed. Key topics include the potential onshoring of Rolls Royce and a $20 billion investment from Hyundai. Treasury Secretary Scott Besant has described the current economic shift as a necessary 'economic detox' that favors American manufacturing. The episode also covers the impact of newly announced auto tariffs intended to boost domestic production, a shift from government spending to private market investment, and the pivotal role of mid-size manufacturers and raw material production in creating a sustainable industrial base. Finally, listeners are directed to Veryable’s website for resources and strategies to navigate these significant changes.
Timestamps
- 00:00 Introduction and Episode Overview
- 00:16 Major Investments in US Manufacturing
- 01:27 Economic Detox Explained
- 03:42 Impact of New Auto Tariffs
- 05:18 Reshoring Movement and Mid-Size Manufacturers
- 06:14 Transition from Government Spending to Private Investment
- 07:14 Conclusion and Final Thoughts
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