Economy
October 23, 2018
Moser: U.S. Makes Progress in Reshoring Manufacturing Jobs
Written by Tim Triplett
Harry Moser, president of the Reshoring Initiative, is a big supporter of the Trump administration and its trade policies. But when it comes to the Section 232 tariffs on steel imports, which have dramatically raised steel prices in the U.S., domestic steelmakers have gained at the expense of steel-consuming manufacturers downstream.
“Overall, I am delighted President Trump is pursuing active, aggressive measures to try to bring manufacturing jobs back to the U.S., but we recommend policies that lift all ships,” Moser said. “If the steel tariffs had been placed on imports of steel and any product made of steel, then the steelmakers and the steel users both could have benefitted.”
