Published Sep 2, 2026, 4:15 PM ET · Updated 2 months ago · 1 source

Trump administration's tariff policy successfully boosted US manufacturing

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Original Report

The Trump administration's strategy of imposing tariffs on imported goods while exempting domestically produced items has successfully attracted over $1.2 trillion in commitments for US manufacturing, particularly in semiconductors, aiming to increase domestic semiconductor production from 1% to 40-50% by the end of the current term.