The Trump administration’s pricing regime seems less and less likely to bring manufacturing jobs to the American coast.
Companies across the country catch the figures and realize that, despite the insistence of Donald Trump, they cannot balance its price hikes through the supply chain.
“Some manufacturers who intended to open factories in the country say that new tasks only add to the important obstacles to which they were already confronted”, ” Bloomberg reported on Friday.
Indeed, the supply chain to produce these goods in the United States is simply not there, forcing companies to import raw materials and factory equipment – that Trump’s prices have made unaffordable – abroad.
And Trump’s unpredictable approach to announce and promulgate, or even retract his prices, added confusion and significant volatility for the market, which makes companies less likely to invest in large long -term projects such as factory development.
Nora Orozco, the owner of the Brands Evolutions shoe company, wishes to open a Texas factory which would create 200 jobs. But the slightest grid of the so-called “Renaissance manufacturing“It simply does not work, according to the owner of small businesses.
“I like the idea of prolonging, but that makes us impossible,” Orozco told Bloomberg.
The reinvolution of American manufacturing has been a major challenge for the two political parties since the country contained and automated most of these jobs ago. But 2022 saw a peak in job advertisements for relocated manufacturing concerts, according to the Relances initiativeA non -profit advocacy advocacy.
This was thanks to the law on the reduction of inflation of President Joe Biden, who was adopted with zero republican support at the time, and his law on fleas and sciences. Biden’s historic legislative victory is currently on blocking while conservative legislators seek to make room in the federal budget for an extension of Trump’s tax plan.
