The Download: how Trump’s tariffs will affect US manufacturing, and AI architecture
Published on: 2025-08-04 18:10:00
Despite the geopolitical chaos and market collapses triggered by President Trump’s announcement of broad tariffs on international goods, some supporters still hope the strategy will produce a “golden age” of American industry.
In fact, the high and crudely designed tariffs set out by the administration could damage a recent rebound in US manufacturing. Building factories and the supply chains they run on takes years—even decades—of steady investment. Meanwhile, tariffs have the immediate impact of boosting costs for critical supplies, many of which come from overseas—helping to raise prices and, in turn, slowing demand.
None of that is good for those planning to invest in US manufacturing. The longer-terms effects of the tariffs are, of course, unknown. And it’s that uncertainty, above all else, that could derail a reindustrialization still in the early stages for much of the country. Read the full story.
—David Rotman
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