President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others.
How much of it exists at this moment to cover the lost imported goods?
How much of the “catch-up” industry can be running efficiently enough within 2 years?
(How much of that same manufacturing will not be crippled by other measures that Trump shakes out of his pants?)
How much of it exists at this moment to cover the lost imported goods? How much of the “catch-up” industry can be running efficiently enough within 2 years? (How much of that same manufacturing will not be crippled by other measures that Trump shakes out of his pants?)