Donald Trump Is Going to Destroy American Manufacturing
prospect.org
Bidenomics created a manufacturing boom. Trump is tearing that up by the roots.

Summary

Trump’s erratic tariff policies threaten American manufacturing’s recent renaissance.

Under Biden, manufacturing investment increased 220% from 2021-2024 through programs like the Inflation Reduction Act and CHIPS Act, creating 750,000 manufacturing jobs.

Trump has illegally frozen IRA spending despite court orders and called the CHIPS Act “horrible,” advocating for its repeal.

Princeton professor Jesse Jenkins estimates Trump’s actions could lead to massive cancellations in EV and battery production.

Unlike Biden’s targeted tariffs paired with domestic investments, Trump imposes duties randomly without clear goals, creating economic uncertainty that discourages investment while risking recession.

  • Lka1988
    58•20 days ago

    I work in manufacturing, supporting a company based in the USA that’s currently expanding as a direct result of the CHIPS act.

    I wrote both of my state senators and my representative to voice my concerns over this and other things, asking why they haven’t taken action against the unconstitutional shit going on, or why they support those actions (Mike Lee is a traitorous bitch).

    I fully expect to get [standard form response] from all of them, expressing their gratitude (lol) for writing in, proceeded by fellating Trump and Musk. If that’s the case, I plan on refuting and asking directly why they aren’t answering my questions. I won’t stop at this point. My nice switch is off.