000 01091nam a22001337a 4500
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100 _aRoy, Satyaki
_956011
245 _aWill Trump tariffs bring back manufacturing jobs in the US?
260 _aEconomic & Political Weekly
300 _a60(28), Jul 12, 2025: p.42-47
520 _aDeindustrialisation of the United States cannot be attributed to cheap imports alone; rather it is a result of financialisation that brought huge gains to US corporates and asset holders and facilitated the relocation of manufacturing to regions endowed with cheap labour and natural resources. The current crisis of jobs for those educated till high-school levels is a result of automation that makes many routine jobs, both in manufacturing and services, obsolete. Hence, tariffs may incentivise manufacturing value added but would hardly add jobs in advanced countries. – Reproduced https://www.epw.in/journal/2025/28/perspectives/will-trump-tariffs-bring-back-manufacturing-jobs.html
773 _aEconomic & Political Weekly
942 _cAR