US EditionCommentary: Bringing Back Manufacturing to America - Tennessee Star
- American businesses spent over $1.5 trillion on transportation logistics in 2023, which accounts for over 5% of GDP.
- The Jones Act requires maritime commerce between U.S. Ports to be U.S. Owned and serviced by U.S.-built ships.
- The Jones Act is criticized for increasing shipping costs and negatively affecting states like Alaska and Hawaii.
- Reforming the Jones Act could boost American manufacturing competitiveness, according to various economic analyses.
4 Articles
4 Articles
Commentary: Bringing Back Manufacturing to America | April 12, 2025
The impact that President Trump’s tariffs, whatever form they take, will have on U.S. manufacturing is unknown, and likely will be for several years. Hopefully, they will be the impetus for the manufacturing renaissance that the Trump Administration is banking on. But, one sure way to immediately boost our manufacturing base would be to reduce the cost of two inputs that are key to all manufacturers. No matter if your widget of choice is a sophis
Will Trump’s plan to reshore US manufacturing succeed?
President Donald Trump’s renewed push to bring manufacturing back to the United States – anchored by sweeping tariffs and nationalist economic policies – has reignited debate over whether such strategies can truly revitalize American industry. While the administration touts tariffs as a tool to protect domestic jobs and reduce trade deficits, critics argue that the […]
Get Ahead of a Manufacturing Renaissance
The tariff whipsaw in markets may be past the worst of the pain, but it’s not over yet. However, there’s a clear sign that many companies will be increasing their domestic manufacturing to avoid the dangers of rapid change in tariff policies. That could bode well for many American manufacturers, particularly those who produce higher-end technologies. And owning shares of these companies could lead to outperformance as they see higher growth. Tha…
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