[CamperBob2]

No, the tariffs are just a grift designed to force CEOs to pay tribute to Trump.

If the tariffs were "an attempt to get domestic US industries to produce items now being imported," they wouldn't be levied on manufacturing inputs.

[stevenjgarner]

I agree the administration tariffs "wouldn't be levied on manufacturing inputs" if they really wanted to help domestic industries. I'm not saying they're doing the right thing, I'm just saying that most Americans I talk to understand the INTENTION is ancient protectionist logic, but the Fed report is evidence that this logic is currently failing to produce the administration's intended "manufacturing miracle". It is so inconsistent, being successful in very specific niches (like some domestic textile or furniture segments), but the Fed notes that nearly half of all businesses reported a decrease in their bottom lines due to the policy.

[temp8830]

Manufacturing miracles aren't instant: it takes a lot less effort to import something than to invest into manufacturing. The inconsistencies mirror this perfectly: the industries where startup costs are lowest see the boost.

[triceratops]

> I'm just saying that most Americans I talk to understand the INTENTION is ancient protectionist logic,

Then their understanding is incorrect because that isn't even the INTENTION.