Bessent on loss of US manufacturing jobs: ‘We can’t snap our fingers and have factories built’

bessent on loss of us manufacturing jobs: 'we can't snap our fingers and have factories built'

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Treasury Secretary Scott Bessent defended the impact of President Trump’s tariffs on U.S. manufacturing jobs, as leaders in the industry call for an end to the tariffs, arguing it’s “been a couple of months.” Since April, manufacturing jobs have fallen by 12,000 and are now down by 42,000. Businesses have complained for months since Trump announced sweeping…

​Administration, Blog Briefing Room  [unable to retrieve full-text content]Treasury Secretary Scott Bessent defended the impact of President Trump’s tariffs on U.S. manufacturing jobs, as leaders in the industry call for an end to the tariffs, arguing it’s “been a couple of months.” Since April, manufacturing jobs have fallen by 12,000 and are now down by 42,000. Businesses have complained for months since Trump announced sweeping… 

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