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Trump’s China Tariffs Help Spur Manufacturing Boom Across U.S. Former President Donald Trump’s billions of dollars worth of tariffs on China-made products have successfully helped spur a manufacturing boom across the United States, business executives and their recent investments reveal.Bloomberg reports:For some companies, the first nudge they got to revamp their supply-chain lines came two years before Covid, when then-President Donald Trump began slapping tariffs on Chinese products again and again. [Emphasis added]Generac Holdings, a maker of power generators, started mapping out plans to shift some production from China, and when the pandemic hit, those plans got supercharged. The company now gets more of its parts from suppliers in the US and Mexico, produces more generators near its headquarters outside Milwaukee and runs a brand new plant in a small town just north of Augusta, Georgia. [Emphasis added]The construction of new manufacturing plants across the U.S. has skyrocketed nearly 120 percent over the last year. The projects include new chip plants in Phoenix, Arizona, along with aluminum and steel plants going up in Alabama, Arkansas, and Kentucky.Likewise, near Buffalo, New York, an air compressor plant has ramped up massively thanks to the need for semiconductors and steel. More than 90 percent of executives surveyed said they were planning or had plans to move their manufacturing out of China. Roughly 8-in-10 of those executives said they were considering reshoring the manufacturing to the U.S.From 2001 to 2018, U.S. free trade with China eliminated 3.7 million American jobs from the economy — 2.8 million of which were lost in American manufacturing. During that same period, at least 50,000 American manufacturing plants closed down.Meanwhile, a study from 2019 found that permanent U.S. tariffs of 25 percent on all Chinese imports would create more than a million American jobs in five years. American manufacturing is vital to the U.S. economy, as every manufacturing job supports an additional 7.4 American jobs in other industries.Source: breitbart.com