The article warns that the new tariffs imposed by the Trump administration are misguided and may fail to bring manufacturing back to the United States, risking economic decline. The author, an experienced industry professional, outlines 14 reasons why these tariffs won't work, emphasizing that they are not high enough, and details the complications of global manufacturing dynamics. He expresses concern over the administration's approach and calls for a more strategic method to revitalize U.S. manufacturing without threatening economic stability. The article serves as a passionate plea for reconsideration of current policies.
Tariffs ranging from 10% to 49% on imports are expected to revive manufacturing in the US, but may have the opposite effect and harm the economy instead.
Iâve worked in the manufacturing industry for 15 years and saw firsthand the complexities and challenges involved in attempting to bring manufacturing back to the U.S.
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