The president supports purchasing goods that are “made in America.” To encourage this, Donald Trump has imposed tariffs on imports from literally every country that the U.S. does business with, with 10% to 15% as the floor baseline. His hope is that tariffs would push more companies to move their manufacturing and production operations stateside, which he believes would reduce the $1.2 trillion trade deficit in goods (in 2024).
Focusing on where companies are launched, and how they succeed is what makes them American. New business applications have been surging, with 5 million such applications filed in 2023, providing some hope that “made in America” companies continue to be a priority.
“Made in America” is more than just about goods produced and services delivered. It is about companies launched, new innovations uncovered and inspired entrepreneurship. That is where the focus on “made in America” should be…
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