manufacturer

Second, while the administration touts tariffs as a revenue generator from foreign manufacturers, the reality is that tariffs inevitably become taxes on American consumers.

On Thursday, no agreement was reached on the details of mechanisms by which manufacturers may be able to make up a shortfall.

“United States consumers and manufacturers alike will find difficult decisions in the weeks and months to come if policies don’t change.”

The boss of plane manufacturer Boeing revealed China had sent back aircraft it had ordered from the US as part of its retaliation to tariffs.

Chinese manufacturers at every stage of the supply chain have given the country a decades-long advantage that will take time to replicate.