Protect Americans, Don’t Bankrupt Them

A worker wraps a stack of packed and assembled television sets at Element Electronics in Winnsboro, S.C., in 2014. (Chris Keane/Reuters)
The White House can strengthen domestic manufacturing without incurring needless costs.

NRPLUS MEMBER ARTICLE D uring his Labor Day press conference, President Trump aired his principal grievance regarding American manufacturing: There is not enough of it. The president plans to “make America into the manufacturing superpower of the world” by offering tax credits to companies that open factories in the United States, directing the federal government to purchase more products made in the U.S., and imposing tariffs on companies that move their domestic facilities offshore.

He also described his policy as a way to confront China, announcing his intention to “end our reliance on China once and for all” and even hinting at going further than

Mike Watson is the associate director of the Center for the Future of Liberal Society at the Hudson Institute.

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