The Trump administrationās tariff scheme appears less and less likely to bring manufacturing jobs back to U.S. shores.
Businesses across the country are crunching the numbers and realizing that, despite Donald Trumpās insistence, they canāt balance out his tariff hikes across the supply chain.
āSome manufacturers who had plans to open factories in the country say the new duties are only adding to the significant obstacles they already faced,ā Bloomberg reported Friday.
Thatās because the supply chain to produce those goods in the United States simply isnāt there, requiring companies to import raw materials and factory equipmentāwhich Trumpās tariffs have made unaffordableāfrom abroad.
soybean, pork was heavily exported to asia, now with the tariffs, asia will find other countries to do it for them. brazil is willing to destroy the amazon for cattle farming. and Alfalfa which is mostly for the ME market. in the usa, outside of limited consumption of health food store, and research universities involving botany.