menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Analysts F...
source image

Blackenterprise

3d

read

378

img
dot

Image Credit: Blackenterprise

Analysts Feel Trump’s Tariffs Won’t ‘Make Manufacturing Jobs Great Again’ In The U.S.

  • A new report from Wells Fargo economists predicts that President Donald Trump's tariffs won't lead to a significant increase in manufacturing jobs in the U.S.
  • Factors like low factory job growth, high labor costs, lack of skilled workers, and limited population growth are hindering the growth of manufacturing employment.
  • Trump's tariff strategy has resulted in a trade war, particularly with countries like China, and American companies like Apple.
  • Analysts estimate that a substantial amount of new capital investment and job creation would be needed to restore manufacturing employment to its historic peak, posing challenges for Trump's plan.

Read Full Article

like

22 Likes

For uninterrupted reading, download the app