Trump’s Manufacturing Dreams Clash With Business Owners’ Reality
From Yahoo Finance.: 2025-04-10 12:38:00
President Trump’s tariffs are shaking up American supply chains, pushing companies to consider US manufacturing. However, high costs, limited capacity, and lack of technology in US factories are prompting many businesses to stick with overseas suppliers and raise prices to counter the tariffs.
Companies like YouCopia and PDR Knitting are grappling with the decision to move manufacturing to the US due to additional costs and uncertainties. While some, like Vacane Home Concepts, are successfully opening factories in the US, it remains a challenging and lengthy process.
Entrepreneurs like Evita Chu are exploring domestic options, but issues like limited technology and production capacity in US mills are hindering a full transition. The future of American manufacturing remains uncertain amidst the shifting landscape of tariffs and trade policies.
Read more: Trump’s Manufacturing Dreams Clash With Business Owners’ Reality