From Yahoo Finance: 2025-05-24 09:31:00

President Trump’s efforts to reshore manufacturing to the U.S. are prompting major companies like Apple and Nvidia to invest billions in American manufacturing. U.S. Commerce Secretary Lutnick emphasizes the need to train workers for high-paying manufacturing jobs. He believes that this new model will drive high-value jobs to America and enhance national security.

Lutnick’s vision for American manufacturing involves highly automated plants that still require human workers for operation and maintenance. He stresses the importance of domestic semiconductor production for national security, particularly in defense manufacturing like drones and fighter jets. Analysts predict Trump’s tariffs on imported vehicles could raise car prices by $2,000 to $15,000 per vehicle, leading to increased demand for American-made cars.



Read more at Yahoo Finance: Trump’s Commerce Secretary Says Future of American Manufacturing is ‘Tradecraft’ Jobs That Only Require High School Education