#domestic-manufacturing

#domestic-manufacturing

The Tesla CEO argued that too many companies are underestimating their exposure to geopolitical risks posed by fragile supply chains, particularly for critical materials used in electric vehicles and energy storage. "There are so many companies out there that are asleep at the switch with regard to geopolitical risk - or they just have their head in the sand and hope nothing bad will happen," Musk said. "I'm way more paranoid than that."

While it's appropriate to lament the lack of bipartisan cooperation in Washington, just because something's bipartisan doesn't mean it's a good idea. Exhibit A could be Senator Tammy Baldwin (D-WI) and Senator J.D. Vance's (R-OH) "Invent It Here, Make It Here" bill. Despite the name and its good intentions, it condemns promising federally funded inventions to waste away without doing a thing to build our domestic manufacturing base. It's scheduled to be considered this Thursday in the Senate Commerce, Science and Transportation Committee.

Earlier this week, Mexican lawmakers approved a 50% tariff on Chinese imports, including everything from shoes, microwaves to electric vehicles. The measure is set to take effect next year. China is the second-largest exporter to Mexico, just after the United States. Analysts say the move signals Mexico's interest in appeasing the U.S. at a moment when both countries are set to renegotiate their free trade agreement. President Claudia Sheinbaum denies this, saying it's intended to boost domestic manufacturing.

It seems that Santa Barbara, California's Stinner Frameworks, is "looking California and feeling Minnesota," as they team up with the Minnesota machining gurus, Wolf Tooth Components. This partnership enables the selection of high-quality, domestically manufactured parts for Stinner Select and Podium Series bikes. Additionally, this new alliance allows customers to choose Wolf Tooth parts directly through Stinner's website, with color-coordinated components automatically selected to match their chosen theme.

After Secretary of Commerce Howard Lutnick made adjustments to the automotive tariff program that was initially announced, many quickly pointed to the reprieve as 'Tesla-friendly.'

Amazon's initial proposal to display product tariffs was perceived as a political maneuver, sparking a swift backlash from the White House, which condemned it as a hostile act.

"For the first time, and hopefully not for the last time, domestic manufacturing is in a good spot. But you gotta commit. You gotta commit to making it here. It isn't easy."

"The probes follow Trump's remarks over the weekend that he would announce the details of new tariffs on semiconductors within days, highlighting his administration's ongoing scrutiny of imports under national security concerns."