President Trump’s imposition of tariffs on steel and aluminum imports may increase production costs for U.S. automakers, already facing potential price hikes due to other policies. Auto executives had hoped for Trump’s approval of Japanese steel maker Nippon Steel’s bid to acquire U.S. Steel, believing it would boost competition and lower prices, but the president rejected the deal, citing concerns over monopolistic practices. As U.S. Steel faces financial troubles and Cleveland-Cliffs eyes a bid, the industry braces for further profit pressures as the 25 percent tariffs raise steel prices by an estimated 16 percent, impacting automakers navigating various challenges.
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How This Raw Food Startup Is Taking a Bite Out of the $45B Pet Industry
Amy Zalneraitis unexpectedly entered the pet food industry after her sister's passing, taking over her thriving raw dog food business, We Feed Raw. She emphasizes the importance of feeding dogs a raw diet to combat health issues caused by processed food, offering support to customers transitioning. Amy's focus on brand identity and resilience has helped the company stand out and succeed, despite early struggles and challenges in disrupting the pet food industry. Full Article
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