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.

  • skozzii@lemmy.ca
    21·
    11 hours ago

    The world has no appetite for his big beautiful luxury goods store.

    USA used to be the managers and leaders of these factories, now he wants them to be the grunt workers and for some reason people are all for it.

    • Kecessa@sh.itjust.works
      92·
      10 hours ago

      Before Reaganomics and globalism the middle class was strong and built on the shoulders of blue collars, why do you think they forced globalism down our throat? So they could make stuff cheaply and could eradicate the middle class. I hate Trump and what he stands for, but globalism was something the left was fighting against back in the day because the left realized the consequences of losing manufacturing jobs in first world countries.

      • Voroxpete@sh.itjust.works
        2·
        3 hours ago

        What made those jobs great for the middle class wasn’t the fact that they were blue collar manufacturing jobs, it was the fact that they were unionized.

        Unions and high top tax brackets built the American middle middle class between the fourties and the eighties. Yes, offshoring allows companies to seek lower wages elsewhere, but the solution to that is not sweatshops at home. You need to start by building up strong labour rights and investing in education and infrastructure, which drive investment in job growth. Stop trying to regain all the jobs you lost and work and improving the jobs you have.

        Yes, leftists have been warning about globalisation for decades, and they’re right, but lets not pretend that what Trump is doing is even in the same continent as a solution.

        • Kecessa@sh.itjust.works
          1·
          1 hour ago

          It’s still good jobs for people who won’t go to university, you can’t tell these folks “just learn programming” when what they’re good at is manual work.

      • Ledericas@lemm.eeEnglish
        4·
        10 hours ago

        they also saw reagan was a easy to manipulate stooge, especially after his alzheimers starting to affect him, they took even greater advantage of him.

      • DragonTypeWyvern@midwest.social
        11·
        5 hours ago

        All socialist ideologies are globalist.

        “Workers of the world unite” ring any bells? “All war is class war?” Globalist rhetoric. The idea that artificial divisions like nations are weapons against the people.

        You are, ironically, using the word the way Reagan and his kind used it, as an ill-defined nationalist slur to protect local profit margins.