While the passing of the “one big beautiful bill” rightfully took the spotlight this week, there’s been several other developments that could greatly impact the U.S. manufacturing and distribution sectors.
In addition to nearly a dozen announcements about new investments in U.S. manufacturing over the past few weeks, the Trump administration is actively negotiating with several key trade partners. Given Trump’s recent comments about imposing new tariffs on countries that have not reached a trade deal in the next few weeks, this will be something to watch closely.
Topics covered
On Thursday, the House of Representatives approved President Trump's "big, beautiful bill," taking a significant step toward its potential enactment into law. The legislation has now been forwarded to the Senate, following a week marked by last-minute revisions and two intense all-night debates. This approval signals a critical milestone in the legislative process as the bill moves closer to becoming law.
Shortly after, Jay Timmons, President and CEO of the National Association of Manufacturers (NAM), called the passage a “major victory for manufacturers across America,” emphasizing that the bill is a “pro-growth” measure that preserves vital tax policies designed to enable manufacturers to create jobs, invest in their communities, expand domestically, and remain competitive globally. He also characterized the legislation as “a manufacturers’ bill,” noting its focus on supporting industry.
If passed in its current form without modifications from the Senate, the bill would:
In addition to the direct impacts on U.S. manufacturing, the bill also makes permanent the 2017 Trump tax cuts, and includes provisions for no taxes on tips, overtime pay, or car loan interest, which will put more money in the pockets of millions of Americans and boost consumer spending. Specifically, a recent report from the Council of Economic Advisers shows that this bill will produce up to $13,000 more in take-home pay for a typical family, and increase wages for American workers by $11,600.
To learn how Veryable can help your business capitalize on these changes, check out this article.
While critics of Trump’s tariffs have argued that they will have zero effectiveness in bringing back manufacturing to America, recent announcements suggest otherwise. In just a few months, we’ve seen dozens of companies, including leading automakers and multinational pharmaceutical companies, express plans to either increase production at existing domestic facilities, or build new ones.
Below are the 5 most notable recent announcements.
On Tuesday during their Q2 2025 earnings call, John Deere CEO John May announced a $20 billion investment in the U.S. over the next decade. Building on prior efforts that have included $2.5 billion invested since 2019 and $80 billion in U.S. supplier spending, the plan features projects such as expanding a Missouri remanufacturing facility, building a new excavator plant in North Carolina, upgrading Tennessee turf factories, and adding assembly lines for high-horsepower tractors in Iowa.
GlobalWafers Co., a Taiwan-based semiconductor manufacturer, has recently announced plans to invest an additional $4 billion in its U.S. manufacturing operations, which is expected to create another 650 jobs. This funding will support the growth of its 142-acre campus in Sherman, Texas, which initially saw a $3.5 billion investment and now serves as the company's largest facility and will be instrumental in meeting the rising demand for advanced semiconductors used in various sectors.
Part of the funding includes $406 million from the CHIPS and Science Act, which the company secured before the end of the previous administration. These funds will also support its other U.S. facility in St. Peters, Missouri, operated through its subsidiary MEMC. There, the company will produce 300mm silicon-on-insulator wafers, which are crucial for manufacturing high-performance semiconductors. This expansion aligns with broader industry trends, as major chip producers like TSMC, IBM, Apple, and Nvidia have collectively announced over $1 trillion in U.S. investments.
Kraft Heinz recently announced a significant investment of $3 billion in its U.S. manufacturing facilities, including the development of a new $400 million distribution center in DeKalb, Illinois, which is its largest plant-related expenditure in decades. Overall, the company anticipates adding approximately 3,500 employees to its workforce as part of this expansion. Unsurprisingly, this investment is largely a strategic response to newly implemented tariffs. While most of Kraft Heinz’s products are produced domestically, many ingredients used in production are imported.
Carrier Global, a leading HVAC system manufacturer, recently announced a substantial $1 billion investment over the next five years to expand its U.S. manufacturing operations and workforce. This strategic funding will be allocated toward enhancing existing facilities and constructing a new plant dedicated to producing components for heat pumps and battery assemblies, which are vital for its home energy management systems (HEMS) and smart products. The investment is expected to generate approximately 3,000 jobs in research and development and manufacturing, complementing Carrier’s ongoing workforce initiatives, including a January campaign to hire 1,000 service technicians across the U.S.
Last week, Anheuser-Busch announced a $300 million investment in its U.S. manufacturing operations for 2025, building on nearly $2 billion invested over the past five years. Known for brands like Budweiser, Bud Light, and Busch Light, Anheuser-Busch aims to strengthen local communities through its Brewing Futures initiative, which focuses on increasing manufacturing jobs, expanding technical workforce training, and supporting U.S. veterans.
Key initiatives include launching a new regional Technical Excellence Center in Columbus, Ohio, to upskill employees and opening access to trade school students and educators in partnership with the Manufacturing Institute. Additionally, Anheuser-Busch will adopt a digital credentialing system to better match military veterans’ skills with manufacturing roles, emphasizing its commitment to veteran employment. For context, over 10% of its workforce are veterans, with nearly 60% working in manufacturing.
Already, industry leaders have praised the company’s efforts, with Jay Timmons, President and CEO of the NAM stating, “Jay Timmons, President and CEO of the National Association of Manufacturers, said: “Anheuser-Busch’s $300 million investment is more than a commitment to manufacturing in America – it’s a commitment to America’s future.”
We couldn’t agree more, as this investment as well as the others listed will strengthen local economies, create numerous jobs, and fuel community growth.
*Note: The investments above are just a few of the most recent announcements, and a quick google search of “new investments in U.S. manufacturing” will provide you with stories about countless others.
Also on this front, the U.S. Small Business Administration recently launched the “Make Onshoring Great Again” portal — a new initiative intended to connect businesses with verified U.S. manufacturers, producers, and suppliers. It’s built to support companies that want to onshore operations, strengthen their supply chains, and source the components they need—all proudly Made in the USA. Check it out here.
As we reported last week, the EU recently announced plans to revise proposals for a potential U.S. trade deal in an effort to speed up negotiations. Now this week, they’ve sent the revised proposal to Washington, which incorporates several elements aimed at addressing U.S. interests. According to sources familiar with the matter, the proposal emphasizes commitments to international labor rights, environmental standards, and economic security. It also proposes a gradual reduction of tariffs to zero on both sides for non-sensitive agricultural products and industrial goods, aiming to facilitate freer trade. Additionally, the document outlines plans for mutual investments and strategic procurement in areas such as energy, artificial intelligence, and digital connectivity.
Despite this, Trump announced on Friday morning that he is recommending a 50% tariff on imports from the European Union, citing stalled trade negotiations. The proposed tariffs are set to take effect on June 1 and are part of his broader effort to address what he describes as difficult negotiations with the EU, which comprises 27 member countries. Based on recent comments from Treasury Secretary Bessent, the hope is that this will "light a fire under the EU" and speed up negotiations. Bessent also stated to reporters that with the exception of the EU, other trade partners are negotiating in good faith. Meanwhile, the EU is preparing to implement retaliatory tariffs of their own if talks break down.
This week, following trade talks which occurred in Washington on Monday, Japan emphasized that it is not seeking a quick trade agreement with the United States and reiterated its stance that Washington must end all recently imposed tariffs before any deal can be finalized. Japan’s chief trade negotiator, Ryosei Akazawa, made it clear they will not rush into a trade deal if it risks damaging its national interests, and also stated that numerous U.S. tariffs—including reciprocal tariffs and those on automobiles, car parts, steel, and aluminum—are "regrettable," and that these should be reviewed and eliminated. While Japan is holding firm on the tariffs themselves, they’re also considering a package of proposals aimed at securing U.S. concessions, which could include increased imports of U.S. corn and soy, cooperation in shipbuilding technology, and revisions to inspection standards for imported vehicles. Going forward, Akazawa plans to attend the upcoming trade talks starting today, with the U.S. Trade Representative Jamieson Greer expected to participate. For context, Japan faces a 24% reciprocal tariff rate if a deal isn’t reached by July.
As we’ve covered in previous weeks, India and the United States are currently negotiating a trade deal structured in three phases, with an interim agreement expected before July to prevent the reimplementation of Trump’s reciprocal tariffs. This interim deal will likely cover areas including market access for industrial goods, some farm products and addressing some non-tariff barriers, such as quality control requirements. Trump has also claimed in recent weeks that India is prepared to completely drop their tariffs on the U.S., and while Indian officials haven’t declared this to be untrue, they’ve also been clear that nothing is finalized until everything is. The second phase of the deal is anticipated to be more comprehensive and detailed, possibly occurring between September and November. This stage is expected to cover a broader range of the 19 areas outlined in their agreed terms of reference from April. Both sides seem to be progressing cautiously, with ongoing discussions aimed at finalizing a framework that can strengthen economic ties while managing trade tensions.
Also this week, the U.S. concluded its second round of trade talks with Vietnam, which involved Vietnam’s Trade Minister Nguyen Hong Dien and U.S. Trade Representative Jamieson Greer. While all the details haven’t been revealed, Vietnam’s trade ministry characterized the talks as productive, while also noting that further negotiation on a few key issues is needed. As of now, a third round of talks is scheduled for early June. For context, Vietnam currently faces a 46% reciprocal tariff rate if they fail to reach a deal, the largest of any country in southeast Asia.
As recent months have shown, change can happen in the blink of an eye. In such an environment, agility isn't just advantageous—it's essential for survival and success. Veryable offers the tools to transform agility from a concept into a tangible reality. By leveraging Veryable’s flexible, vetted workforce, companies can respond quickly to surges in demand by scaling up in just days, and back down again just as rapidly during slowdowns. This flexibility provides a significant competitive edge, allowing proactive businesses to seize opportunities others are too slow to pursue or unprepared for without the risks.
Additionally, if your company is trying to shift production back to the U.S. from a tariffed region by either increasing production at an existing facility or launching a new one, Veryable can help you expedite the process.
As our Ohio region VP of Ops Austin Walker discussed in a recent blog, many American factories operate only around a fraction of their available hours. By implementing 3rd/overnight shifts to increase production hours and upskilling skilled FTEs to boost OEE to world-class levels, Veryable can help manufacturers quickly increase output without the need for large capital investments.
For more information, check out the resources below or contact us.
Hosted by our Head of Reindustrialization, Matt Horine, and featuring interviews with leading industry experts, this podcast intends to help you cut through the noise you’re seeing across constructed narratives and provide clarity around these once in a generation policy shifts and their impact on the U.S. manufacturing sector.
In this week’s episode, host Matt Horine was joined by Jim Vinoski, seasoned business strategy advisor, Forbes contributor, author, and host of the Manufacturing Talks Podcast.
You can find this podcast on our website, Spotify, Apple, YouTube, and PocketCasts.
For more insights on the developments under Trump 2.0, be sure to visit our “Navigating Trump 2.0” page. There, you’ll find comprehensive information on recent & potential future changes, and a collection of articles offering guidance for manufacturers and distributors on how to win in this uncertain environment.
Create a free business profile today to explore our platform.
