The February jobs report revealed that 10,000 new manufacturing jobs were added to the US economy over the course of the month.
4 minute read
ADVERTISEMENT
President Donald Trump has been implementing tariffs on various foreign nations and on different industrial sectors, which have resulted in a set of improved outcomes for the United States in the manufacturing industry and American workers.
The February jobs report revealed that 10,000 new manufacturing jobs were added to the US economy over the course of the month. This came after a 25 percent tariff was implemented on steel and aluminum, per an executive order signed by the president on February 11.
A source close to the matter told The Post Millennial that as of Tuesday, President Trump has imposed new tariffs on more than $1 trillion of imports, which is a $600 billion increase from those in his first term.
Trump further announced that there would be a 25 percent tariff on all goods imported to the US from Canada and Mexico, later implementing exclusions for goods under the United States, Mexico, Canada (USMCA) trade agreement.
With the implementation of these tariffs, there was an increase of nearly 9,000 auto jobs in the US market in the month of February. Additionally, multiple car manufacturing companies have announced billions of dollars worth of investment into the United States, including Hyundai's Monday announcement of an investment of $21 billion into various US-based projects over the next few years.
Rolls Royce is also reportedly considering moving its engine manufacturing to the US in order to counter the impacts of the tariffs, according to the Telegraph.
In late January, Stellantis announced the reopening of an Illinois plant to build the Dodge Durango before Trump implemented against Mexico and Canada. Trump has also used tariffs to get concessions from Canada and Mexico over border security and drug trafficking concerns.
"President Trump’s groundbreaking tariffs are reversing decades of failed economic consensus in Washington, DC that accomplished little except the hallowing out of our industrial base in exchange for cheap plastic from China," Charlie Kirk, President and CEO of TPUSA and host of The Charlie Kirk Show told The Post Millennial. "For the first time in years, we’re simultaneously seeing a decrease in bloated government payrolls while native-born Americans are getting more private sector jobs than foreign-born workers. This is what Americans voted for: A reaffirmation that the American Dream is accessible for a whole new generation of American citizens."
In addition to the car companies, other companies have been taking an increased interest in investing into the United States. After Trump implemented a 10 percent tariff on goods from China, Apple has said it will invest another $500 billion to hire 20,000 new US workers and researchers. Last week, Johnson & Johnson announced an investment of $55 billion for health products manufacturing, research, and development over the next four years.
The pharmaceutical giant Eli Lilly announced an investment of $27 billion in US-based manufacturing. In the semiconductor, energy, and tech industries as well, there have been large investments promised by countries and large companies.
Japan has pledged $1 trillion to US investment in energy and technology, the UAE has committed $1.4 trillion in investment into the US for AI technology and semiconductors, and there have been a number of others.
Earlier this year, Trump promised to implement reciprocal tariffs on countries that have been implementing the import tax on goods from the US. Reports from earlier this week, however, indicate that these may be narrowed in scope by the president to more specific targets.
On Monday, the president told reporters that he may give "a lot of countries breaks" on the reciprocal tariffs. It was reported that the countries that would not be exempt are the "dirty 15" percent of countries that Treasury Secretary Scott Bessent discussed last week.
Trump's goal with the implementation of tariffs is to bring jobs home for American workers and in the auto industry, that has borne results. Manufacturing in the US has declined over the past decades as companies have moved their factories and plants to other nations. The low tariffs the US has previously imposed on other nations has made this the most cost-effective option for manufacturers.
The implementation of tariffs have encouraged companies who want to sell to US consumers to make their products in America
The February jobs report revealed that 10,000 new manufacturing jobs were added to the US economy over the course of the month. This came after a 25 percent tariff was implemented on steel and aluminum, per an executive order signed by the president on February 11.
A source close to the matter told The Post Millennial that as of Tuesday, President Trump has imposed new tariffs on more than $1 trillion of imports, which is a $600 billion increase from those in his first term.
Trump further announced that there would be a 25 percent tariff on all goods imported to the US from Canada and Mexico, later implementing exclusions for goods under the United States, Mexico, Canada (USMCA) trade agreement.
With the implementation of these tariffs, there was an increase of nearly 9,000 auto jobs in the US market in the month of February. Additionally, multiple car manufacturing companies have announced billions of dollars worth of investment into the United States, including Hyundai's Monday announcement of an investment of $21 billion into various US-based projects over the next few years.
Rolls Royce is also reportedly considering moving its engine manufacturing to the US in order to counter the impacts of the tariffs, according to the Telegraph.
In late January, Stellantis announced the reopening of an Illinois plant to build the Dodge Durango before Trump implemented against Mexico and Canada. Trump has also used tariffs to get concessions from Canada and Mexico over border security and drug trafficking concerns.
"President Trump’s groundbreaking tariffs are reversing decades of failed economic consensus in Washington, DC that accomplished little except the hallowing out of our industrial base in exchange for cheap plastic from China," Charlie Kirk, President and CEO of TPUSA and host of The Charlie Kirk Show told The Post Millennial. "For the first time in years, we’re simultaneously seeing a decrease in bloated government payrolls while native-born Americans are getting more private sector jobs than foreign-born workers. This is what Americans voted for: A reaffirmation that the American Dream is accessible for a whole new generation of American citizens."
In addition to the car companies, other companies have been taking an increased interest in investing into the United States. After Trump implemented a 10 percent tariff on goods from China, Apple has said it will invest another $500 billion to hire 20,000 new US workers and researchers. Last week, Johnson & Johnson announced an investment of $55 billion for health products manufacturing, research, and development over the next four years.
The pharmaceutical giant Eli Lilly announced an investment of $27 billion in US-based manufacturing. In the semiconductor, energy, and tech industries as well, there have been large investments promised by countries and large companies.
Japan has pledged $1 trillion to US investment in energy and technology, the UAE has committed $1.4 trillion in investment into the US for AI technology and semiconductors, and there have been a number of others.
Earlier this year, Trump promised to implement reciprocal tariffs on countries that have been implementing the import tax on goods from the US. Reports from earlier this week, however, indicate that these may be narrowed in scope by the president to more specific targets.
On Monday, the president told reporters that he may give "a lot of countries breaks" on the reciprocal tariffs. It was reported that the countries that would not be exempt are the "dirty 15" percent of countries that Treasury Secretary Scott Bessent discussed last week.
Trump's goal with the implementation of tariffs is to bring jobs home for American workers and in the auto industry, that has borne results. Manufacturing in the US has declined over the past decades as companies have moved their factories and plants to other nations. The low tariffs the US has previously imposed on other nations has made this the most cost-effective option for manufacturers.
The implementation of tariffs have encouraged companies who want to sell to US consumers to make their products in America
ADVERTISEMENT
ADVERTISEMENT
Sign in to comment
Powered by The Post Millennial CMS™ Comments
Join and support independent free thinkers!
We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.
Remind me next month
To find out what personal data we collect and how we use it, please visit our Privacy Policy
Comments