The Trump Tarriffs are not the disaster the Left predicted . . . not even close.

The Hill:      As a new year dawns in America, many of the nation’s manufacturing sectors are experiencing aggressive growth. 
In October, the largest U.S. manufacturer of solar panels, First Solar, announced production at its second U.S. plant, a new $1 billion factory in Lake Township, Ohio, that will employ 500 workers. Roughly a dozen other solar panel and cell manufacturers are following First Solar’s example and launching additional U.S.-based production as well.
In November, kitchenware and furniture maker Williams-Sonoma announced a 6.4 percent increase in third-quarter revenue. Much of this success came from its new retail brand West Elm, which experienced a fourth-quarter sales increase of 14 percent despite 25 percent tariffs on most of its products sourced from China. Williams-Sonoma has made commitments to leave China and is opening manufacturing operations in the U.S. and adding employees.
And in December, America’s largest steelmaker, Nucor, announced the addition of a coil paint line at its Mississippi County, Arkansas, mill that will coat roughly 250,000 tons of steel each year. The plant will add 50 new jobs in Arkansas, joining the hundreds of positions that the company is currently adding in new mills under construction in Missouri and Florida.
These companies are just a few examples of a broader trend showing that the Trump administration’s tariffs are working. The steel industry in particular offers ample evidence, with America’s steel companies investing some $13 billion in new steelmaking and mills across the nation.

No comments:

Post a Comment