Trump's plan to alter Nafta could end up hurting US manufacturing
Limiting imports encouraged by Nafta could raise cost of making goods at many US factories and provoke Canada and Mexico to similarly restrict trade
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Lexington, Kentucky
NEVER mind the refrain that the American factory is supposedly a dinosaur in the age of globalisation. Here in the heart of horse country, some 700 US workers are designing and building premium ceiling fans. They tap local engineering prowess and export their wares around the world using a whimsical brand: Big Ass Fans. (Yes, that is really its name.)
But if the company stands as refutation to the premature obituaries for US manufacturing, the people running the operation worry about a looming risk. Talk of trade hostilities from Washington could shrink the globe, potentially yielding policy that could limit US exports while impeding access to crucial components of manufacturing.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts