U.S. Markets closed

Why Manufacturing Isn’t Coming Back to America Anytime Soon

Mark O'Hara
Why Manufacturing Isn’t Coming Back to America Anytime Soon

President Trump has chided US companies for shifting manufacturing overseas. The Trump administration has used tariffs to cajole US companies to shift some of their offshore production back into the United States (SPY). Last week, Trump said in a tweet, “Apple prices may increase because of the massive Tariffs we may be imposing on China – but there is an easy solution where there would be ZERO tax, and indeed a tax incentive.