Summary
Commerce Secretary Howard Lutnick admitted on CBS’s Face the Nation that US workers won’t reclaim traditional manufacturing jobs under Trump’s tariff-heavy strategy.
While promising “trillions” in new investment, he confirmed that new factories would be automated. Lutnick touted support roles like mechanics and HVAC technicians instead.
Critics cite the tariff policy inconsistency and rising consumer costs.
Market reactions have been severe, with steep losses and fears of trade wars as China and others prepare retaliatory tariffs.
Sure, after all, you get to save all that money on shipping from Asia, and all that sweet profit goes directly into their pockets. It might be as much as a 1% increase!
That’s worth destroying America, and the lives of 99% of our population, AND the world economy, for an inconsequential amount of money for people who already have more money than they or their heirs can ever spend.