While I don't agree with everything he does, he is right to prioritize the US economy. The US has its issues and cannot continue to prop up European countries.
And the goal of the tariffs make sense and I live here and have been seeing my companies now starting to focus on moving production into the US which was the whole point.
Other wins, lower cost of drugs because historically Americans have paid significantly more for medicine and are now being forced to cut prices and increase prices for countries like the UK. https://www.google.com/amp/s/www.cbsnews.com/amp/news/trumprx-abbvie-genentech-prescription-drugs/
The whole point of tariffs is to make it more expensive and unfavourable for companies to produce outside the US and import into the US as opposed to building within the US and it's working.
Yes the global economy will have to readjust but it would always happen either now or in a few years. The world order will ALWAYS change, that's fact. The current order came into play after WWII and the factors that led to the current model no longer hold true eg when the US started supporting South Korea after WWII SK was very very poor with a GDP per capita of under $200, now SK is a successful country so NO the US shouldn't be subsidizing it's security or giving favorable access to SK companies without reciprocal access for American companies. Same with Europe, we should work towards a partnership not the model where European countries take the piss because they knew the US will cover security while also benefiting form easier access to the US market which the US did after WWII to help Europe recover from the war.
Europe needs to sort itself out. As I said this all shows how weak Europe is and how dependent you all are on the US for security and market access, Russia for cheap gas and China for cheap goods. All that she changed and Europe needs to make tough decisions.
"Numerous global companies are expanding U.S. manufacturing in 2025–2026, driven by tariffs, subsidies (Chips Act), and supply chain resilience. Major investments include TSMC ($165B total) for chips, Hyundai ($21B) for EVs, Apple ($500B), and pharma companies like Sanofi and AstraZeneca. Key sectors include semiconductors, electric vehicles, batteries, and pharmaceuticals, with activity concentrated in the Midwest and South.
CBS News
CBS News
+5
Key Companies and Industries Moving/Expanding Production
Technology & Chips: TSMC is building five factories in Arizona, while Intel is building a large "Silicon Heartland" facility in Ohio.
Automotive & EV: Hyundai is investing $21B in domestic manufacturing. Stellantis is investing $13B in Midwest plants. Toyota is moving hybrid SUV production to Indiana.
Pharmaceuticals & Health: Sanofi ($20B) and AstraZeneca ($50B) are investing heavily to increase U.S. production and R&D.
Manufacturing & Tech: Apple is spending $500B over four years on US manufacturing. Guardian Bikes is moving manufacturing from China.
Industrial/Other: Kraft Heinz ($3B to modernize plants) and ElectroCraft (expanding Michigan facility) are enhancing local production.
CBS News
CBS News
+7
Key Drivers for Reshoring
Tariffs: Foreign companies, including Korean firms like Samsung and LG, are considering moving production from Mexico to the U.S. to avoid import tariffs."