Do you believe Trump will significantly revive the manufacturing industry?
14 May 2018
28. Do you believe Trump will significantly revive the manufacturing industry thru higher tariffs and alienating trade partners?
I have mixed feelings about the trade agreements we hold with different countries. Perhaps he can work out better trade deals than what we have in place, but whether it helps or hurts manufacturing will be seen.
Part of the problem I have, is that you could certainly create a deal that makes it more viable for American businesses to hire American workers here at home, but what will that do to the cost of those goods? We enjoy low prices on a lot of imported goods, so while we may be put more people back to work with more manufacturing, we may simultaneously be hurting the poor.
The goal needs to be to not only put people back to work, but keep the cost of living down, and that’s going to be a fine line to walk.
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