3 U.S. Manufacturing Stocks Investors Are Watching As Brazil Tariffs Hit

Tariffs rarely hit just the countries on the headline; they can also shift where money and production flow next. With the U.S. set to apply a new 25% tariff on thousands of Brazilian imports and Brazil preparing to respond, attention turns to U.S. companies that rely more on domestic manufacturing and less on cross border supply chains. For investors, this trade friction could create both potential openings and areas to be cautious about. This article looks at three U.S. domestic manufacturing stocks exposed to the latest U.S. Brazil trade dispute that could be positively positioned as the situation develops.

Miller Industries (MLR)

Overview: Miller Industries manufactures towing and recovery equipment such as wreckers, car carriers with hydraulic tilt systems, and multi vehicle transport trailers, supplying auto dealers, auctions, leasing companies, governments, and other commercial customers under brands like Century, Vulcan, Chevron, Holmes, and Challenger.

Operations: Miller Industries generates about US$745.5 million in revenue from auto manufacturers, with roughly US$586.8 million from North America and US$158.7 million from foreign markets.

Market Cap: US$565.7 million

Investors looking at Miller Industries are getting a focused exposure to U.S. automotive equipment manufacturing that could be influenced if tariffs make imported towing gear less competitive and shift more demand toward domestic suppliers. The company is connected to long term trends such as aging vehicle fleets and more complex cars that often require towing rather than roadside fixes. Recent results show pressure, with Q1 2026 sales and earnings both sharply lower and margins thin at a 2.1% net profit margin. Forecasts presented for the company indicate expectations of earnings and revenue growth, with dividends and ongoing buybacks as part of the capital allocation approach. At the same time, higher manufacturing costs, tariff related price changes, and funding risk from reliance on external borrowing add meaningful complexity to the investment case.

Miller Industries’ thin 2.1% net margin and reliance on external borrowing might be hiding more than they reveal, so weigh the upside against the underlying pressure with the 3 key rewards and 1 important warning sign

Warrior Met Coal (HCC)

Overview: Warrior Met Coal produces and exports metallurgical coal used in steelmaking, sourced from its underground mines in Alabama and sold primarily to steel manufacturers in Europe, South America, and Asia, with natural gas sales as a smaller byproduct business.

Operations: Warrior Met Coal generates about US$1.43b in revenue from mining, with a small US$38.1 million contribution from other activities, and sells around US$759.7 million into Asia, US$478.4 million into Europe, and US$182.6 million into South America.

Market Cap: US$4.17b

Warrior Met Coal sits in a part of the supply chain that can become more prominent when U.S. trade policy leans toward protecting domestic steel production, with American metallurgical coal offering an alternative to some foreign supply caught in tariff crossfire. The company is ramping the Blue Creek project, reports Q1 2026 revenue of US$458.59 million with net income of US$72.34 million, and is returning cash through a regular dividend. Analysts are still debating the potential trajectory of future earnings. At the same time, management openly flags uncertainty around how new tariffs and weaker steel markets will feed into coal pricing and contract volumes. A key question for investors is how well Warrior’s premium products and cost position can offset that volatility over the next few years.

Warrior Met Coal’s ramping Blue Creek project and cash returns hint at a story that goes beyond simple tariff headlines. See how the analysis report for Warrior Met Coal could reframe both the opportunity and the risk profile.

Modine Manufacturing (MOD)

Overview: Modine Manufacturing provides thermal management solutions for data centers, buildings and vehicles, supplying equipment such as chillers, air handlers, unit heaters, radiators, and battery cooling systems that help customers control temperature and energy use in mission critical settings.

Operations: Modine Manufacturing generates about US$2.06b from Climate Solutions and US$1.13b from Performance Technologies, with a small corporate offset of US$13 million, and earns most of its sales in the United States alongside meaningful contributions from Italy, Canada, Hungary and the United Kingdom.

Market Cap: US$12.18b

Modine Manufacturing operates at the intersection of data center expansion, demand for energy efficient HVAC, and reshoring-focused U.S. manufacturing, which is why tariff protection for domestic producers could matter significantly. The company is closely aligning itself with AI-driven data center cooling, has a long term capacity agreement with a major customer, and is investing heavily in U.S. plants while working to manage tariff and raw material cost swings through surcharges and regional sourcing. At the same time, a very high P/E, insider selling, a recent US$146 million one off loss, and plans to exit legacy automotive cooling leave less room for error. For investors, the central question is whether Modine’s thermal solutions and data center pivot adequately balance the risks that come with such an ambitious reshaping of the business.

Modine’s data center push and reshaping plans look powerful, but the real story sits in how growth, margins, and capital choices fit together in the analysis report for Modine Manufacturing

The three U.S. manufacturing stocks in this article are only a starting point. The full U.S. Domestic Manufacturing Stocks screener highlights 30 more companies that pair domestic production with equally compelling financial narratives. Use Simply Wall St to identify, analyze, and filter for the specific catalysts and narratives that matter to you so you can focus on the highest conviction ideas in this theme.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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