The Trump administration’s tariff scheme appears less and less likely to bring manufacturing jobs back to U.S. shores.

Businesses across the country are crunching the numbers and realizing that, despite Donald Trump’s insistence, they can’t balance out his tariff hikes across the supply chain.

“Some manufacturers who had plans to open factories in the country say the new duties are only adding to the significant obstacles they already faced,” Bloomberg reported Friday.

That’s because the supply chain to produce those goods in the United States simply isn’t there, requiring companies to import raw materials and factory equipment—which Trump’s tariffs have made unaffordable—from abroad.

  • Jhex@lemmy.world
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    4 hours ago

    There are easier, safer way to crash the economy that are far less public

    I get the feeling those who insist there is a plan, just don’t want to admit the emperor has no clothes

      • Jhex@lemmy.world
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        2 hours ago

        Which is hardly a plan… more like a collection of terrible ideas

        Remember that the entire Tariff nonsense is the brain child of Navarro who literally invented a supposed expert to justify how they could work. This is literally a fraudulent idea to fill a shitty book that, by terrible happenstance, found an idiot stupid and powerful enough to implement it

        We are lucky Trump did not find Jack and Beanstalk first or he would be opening holes anywhere to plant magic seeds