David Fickling, Columnist

Trump Tariffs Stick It to U.S. Manufacturers

Firms might as well give back half of that $26 billion-a-year tax cut they just got.

April 4, 2018 at 4:32 AM UTC

David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times.

1522812330_GettyImages-864727524 — Photographer: Dan Reynolds/Getty Images

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U.S. manufacturers have done pretty well out of the Trump administration.

While profits in the sector haven't quite matched the heady levels seen in President Obama's last years in office, they've been better than in almost any prior period.