What Trump can – and cannot – do to make US manufacturing great again
Donald Trump's return to the White House signals a renewed push for protectionist trade policies, prioritizing domestic production through tariffs and other measures. This marks a significant departure from the US's long-standing embrace of globalization, with potential implications for international trade relations.
This shift is driven by a desire to create manufacturing jobs in the US and, more crucially, to counter China's growing dominance in strategic industries. Washington's experience with the "Made in China 2025" initiative has led to the belief that the US must compete directly with China in building and leading key technological sectors, rather than simply trying to contain its growth.
via SCMP Full Text Feed
Donald Trump's return to the White House signals a renewed push for protectionist trade policies, prioritizing domestic production through tariffs and other measures. This marks a significant departure from the US's long-standing embrace of globalization, with potential implications for international trade relations.
This shift is driven by a desire to create manufacturing jobs in the US and, more crucially, to counter China's growing dominance in strategic industries. Washington's experience with the "Made in China 2025" initiative has led to the belief that the US must compete directly with China in building and leading key technological sectors, rather than simply trying to contain its growth.
via SCMP Full Text Feed
