Carrots and Sticks to Bring Manufacturing Jobs Back to the US
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I’m Mark Niquette, a US economy reporter in Columbus, Ohio. Today we’re looking at the challenges of bringing back manufacturing jobs to the US. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Both Democratic and Republican presidents have tried to revitalize US manufacturing, using the carrot of tax incentives and subsidies and the stick of tariffs to bring production back home.