The Tariff-Fueled U.S. Manufacturing Revival Is Here
So much for the idea that tariffs would damage U.S. productivity and manufacturing.
Ever since Donald Trump returned to the White House and especially since Trump’s Liberation Day tariff announcement, the economic press has reported that American manufacturing is struggling under President Trump’s tariffs. Even worse: stories have frequently claimed that manufacturing is struggling because of the tariffs. The Wall Street Journal declared manufacturing “in retreat.” The Associated Press said tariffs were “hurting American manufacturers instead of helping them.” Reuters reported that import duties had undercut manufacturing.
There’s just one problem: none of that is happening. If tariffs are hurting American manufacturing...
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