On April 2, 2025, our president announced major new taxes on imports from foreign countries (“tariffs”), ranging from 10 percent to 49 percent. The stated goal is to bring manufacturing back to the United States and to “make America wealthy again.”
These tariffs will not work. In fact, they may even do the opposite, fail to bring manufacturing back, and make America poorer in the process.
This article gives the 14 reasons why this is the case, how the United States could bring manufacturing back if it were serious about doing so, and what will ultimately happen with this wrongheaded policy.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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