Wells Fargo warns Trump’s tariffs won’t bring back American manufacturing jobs, which will need a minimum $2.9 trillion investment to regain peak

Wells Fargo warns Trump’s tariffs won’t bring back American manufacturing jobs, which will need a minimum $2.9 trillion investment to regain peak

“Returning U.S. manufacturing employment to a level that remotely resembles its historical peak will be an uphill battle,” the bank said this week.

Trump’s Tariff Policies Unlikely to Increase US Manufacturing Jobs in the ‘Foreseeable Future’: Wells Fargo Analysts - The Daily Hodl

Economists at the banking giant Wells Fargo think the Trump Administration’s tariff policies are unlikely to reshore a significant number of manufacturing jobs in the US for the “foreseeable future.” Sarah House, Nicole Cervi and Aubrey Woessner argue in a new analysis that higher prices and policy uncertainty could impact US firms’ capability to expand payroll. “As downstream industries face higher costs, they must decide whether to absorb them…

Trump’s Tariff Policies Unlikely to Increase US Manufacturing Jobs in the ‘Foreseeable Future’: Wells Fargo Analysts

Economists at the banking giant Wells Fargo think the Trump Administration’s tariff policies are unlikely to reshore a significant number of manufacturing jobs in the US for the “foreseeable future.” Sarah House, Nicole Cervi and Aubrey Woessner argue in a new analysis that higher prices and policy uncertainty could impact US firms’ capability to expand... The post Trump’s Tariff Policies Unlikely to Increase US Manufacturing Jobs in the ‘Forese…