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.

  • KingPorkChop@lemmy.ca
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    7 hours ago

    Tariffs aren’t designed to bring manufacturing back. It’s designed to crush the US economy for Daddy Putin. It’s designed to starve out the plebs. It’s designed to bankrupt companies to be bought by the billionaire class for pennies on the dollar.

    • monotremata@lemmy.ca
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      5 hours ago

      You left out the most important reason: getting people to come kiss Trump’s ass to ask for exemptions. Nothing is more important than getting Trump the sycophancy he has to settle for in lieu of respect.

      • Jyek@sh.itjust.works
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        15 minutes ago

        I don’t personally think it’s true. I think Trump’s first term he spent all day and night on putins dick and this term he is trying to achieve a similar staying power. He wants to be more powerful than Putin.