Brooke Sutherland, Columnist

The Farce of the Deal, Carrier Edition

Tax breaks and tweets won't stop erosion in manufacturing.

November 30, 2016 at 7:25 PM UTC

Brooke Sutherland is Bloomberg News' Boston bureau chief and writes the Industrial Strength Newsletter. She was previously a Bloomberg Opinion columnist covering deals and industrial companies and an M&A reporter for Bloomberg News.

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Donald Trump can't micromanage his way to a manufacturing revival in America.

The president-elect celebrated a decision on Tuesday by United Technologies Corp.'s Carrier heating and air-conditioning unit to save about 1,000 Indiana jobs that had been slated to move to Mexico. This reversal -- just weeks after United Technologies CEO Greg Hayes said lower labor costs were necessary to make Carrier competitive -- is the best PR Trump could ask for as he looks to follow through on a pledge to protect U.S. jobs that helped win over voters in manufacturing states.