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Sorry, America, tariffs won't bring jobs back
Globalisation has already reshaped America’s workforce – tariffs can’t turn back time.
At a White House dinner back in 2011, Steve Jobs was asked by President Obama what it would take to build iPhones in the United States. And as for bringing jobs back, Commerce Secretary Howard Lutnick is now saying factories that return to the United States will be run mostly by robots! If America’s objective is to get its dominance in innovation, development and manufacturing back, slashing research funding across the board does not make sense, either.
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