Trump trade war pushes firms to consider stockpiling

Otherwise you're replacing one risk with another,

the manufacturer's Reybier said

The U.S. machinery sector in general is not in great shape,

said Susan Helper, an economist at Case Western Reserve University in Ohio and former senior adviser for industrial strategy to the Biden administration

It’s important to be able to make the things that allow us to make things,

Helper added

You can’t buy any of this stuff in the U.S.,

said a company representative, who spoke on the condition of anonymity because of the sensitivity of policy discussions in the U.S. and China

Every manufacturing center in the whole world depends heavily on Chinese industrial intermediate inputs,

he said,

Chinese companies are proactively expanding their presence in emerging markets and increasing research and development investments to enhance product competitiveness,

he said

Cost is certainly adding up, and it’s causing some projects to cancel or delay,

he said

There’s no doubt that we’re in a new world where bringing more manufacturing back to the United States is a good thing,

he said

The president doesn’t have authority outside of authorities delegated to him by Congress to issue tariffs,

said Jeffrey Schwab, a senior counsel at the Liberty Justice Center, a nonprofit with past ties to Richard Uihlein, an Illinois industrialist and a Republican megadonor

Rob Bontacalifornia Attorney General

Our position has been clear, time and time again, that we will not allow this president to exert authority he does not have,

Mr. Bonta said

It’s kind of a scary proposition to oppose the administration right now,

he said

Engaging the administration in order to achieve a quick and immediate reduction in tariffs has the best chance of aiding businesses,

he said

I’m going to do everything in my power to keep our company healthy, but we’re hobbled,

he said

We've sent around 30 percent of our extra stock to the United States,

said the company's chief executive, Baptiste Reybier

We've built up three months of stocks, which represents $2 million in goods,

said Lionel Uzan, the head of Clarins's U.S. operations

In a lot of the electronics space, it's also hard to do, because the technology changes so quickly, you don't want to get stuck with inventory of chipsets or devices that are the prior version,

he said

A similar trend was seen for the delivery of cars from the EU to the United States,

it said

We have a lot of things going on, and I think, in the end, we’re going to end up with a lot of good deals, including tariff deals and trade deals,

Trump said