@washingtonpost: WHAT is a Trade War?? President Donald Trump says there is an easy way for manufacturers to avoid his blizzard of tariffs: Move back to the United States. If it works, Trump’s tariff-first strategy could end a long stagnation in U.S. manufacturing output and create the kind of jobs that his blue-collar supporters crave. “What they have to do is build their car plants, frankly, and other things, in the United States, in which case they have no tariffs,” the president said last week. But in trying to repatriate manufacturing, Trump is battling powerful long-term forces that have caused factory jobs to dwindle to the smallest share of U.S. employment since government records began in 1939. Just 8 percent of American workers now toil in factories, according to the Bureau of Labor Statistics.

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Thursday 27 March 2025 21:37:54 GMT