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.

  • Curious Canid@lemmy.ca
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    18 hours ago

    Don’t fall for the simple explanation. Both answers are true. The objectives are all about greed and betrayal, but the means are still heavily driven by incompetence. Just because someone is a criminal does not make them a competent criminal.

    • vxx@lemmy.world
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      18 hours ago

      Theyre not competend at leading a government.

      Theyre very competend in destruction of it, and since that’s their goal, it’s dangerous to assume they’re incompetent.

      Never underestimate your foes.