AGP Executive Report
Last update: 2 hours agoUS-Canada Trade Clash: The White House announced a Sept. 29 ban on select Canadian dairy, alcohol and motorcycles, plus new federal procurement rules that bar Canadian products from large US government contracts, as tariffs and retaliation keep tightening cross-border supply chains. Energy & Grid Costs: A new comparison of power strategies highlights China’s coal-heavy generation versus the US’s declining coal share, with US electricity prices rising faster than inflation since 2022—an issue manufacturers can’t ignore. Critical Minerals Push: The US is backing Elmet Group with $450M to expand domestic tungsten manufacturing and a Defense Logistics Agency deal up to $2B for the national defense stockpile. Semiconductors on US Soil: Reuters reports SK Hynix is in talks with Intel about making memory chips in the US for the first time, potentially by leasing Intel’s Ohio facility. Rare Earths Buildout: USA Rare Earth broke ground on a $1.2B South Carolina complex for rare-earth metal and permanent magnet production, targeting commissioning in 2028. Auto Manufacturing: Nissan will invest £170M in its Sunderland plant to produce the Kicks in the UK, aiming to protect jobs and expand European output.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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