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Tariffs: They鈥檙e a Big Deal

Can tariffs safeguard American jobs, combat foreign competition, and boost U.S. manufacturing? The incoming president is bringing this hot topic back into political focus. So, what do tariffs mean, are they truly beneficial, and what's AMT's stance?

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Shipments of cutting tools, measured by the Cutting Tool Market Report compiled in a collaboration between AMT and USCTI, totaled $188.7 million in September 2024. Orders decreased 10% from August 2024 and were down 6.3% from September 2023.

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Despite signs of improvement in recent months, Europe still faces both short- and long-term challenges. Will the region remain a valuable diversifier for businesses? Current investments suggest it will. For more industry intel and other tidbits, read on.

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By Amber ThomasNov 19, 2024

Can tariffs safeguard American jobs, combat foreign competition, and boost U.S. manufacturing? The incoming president is bringing this hot topic back into political focus. So, what do tariffs mean, are they truly beneficial, and what's AMT's stance?

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