Trump’s Manufacturing Push Meets Reality as Costs Rise and Investment Stalls Donald Trump's promise to revive American manufacturing has faltered under the weight of rising costs and stagnating investment.
Small business owners like Appu Jacob Varghese, whose Zion Foodtrucks company is struggling to stay afloat, are feeling the pinch.
The issue at hand is not just tariffs – although the 50% import tax on steel and aluminum has had an impact. It's about the broader structural weaknesses exposed by Trump's policies.