President Trump has promoted tariffs as a means to boost U.S. manufacturing investment, claiming they will lead to job growth and enhance domestic technological capabilities. Despite economists warning that tariffs may increase consumer prices, Trump insists that short-term discomfort will yield long-term economic benefits. While major firms like Hyundai and TSMC have announced substantial investments, skepticism remains regarding smaller companies’ willingness to invest amid uncertain trade policies. Additionally, the overall contribution of manufacturing to the U.S. economy has been declining, raising questions about the effectiveness of current tariff strategies in reversing this trend.
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