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Is Trump’s Manufacturing Comeback Real?

Posted

February 14, 2026

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Steve Rattner of Willett Advisors examines whether tariffs and trade policy are actually changing the trajectory of US manufacturing. He discusses the data behind industrial output, the consumer cost of keeping out Chinese EV maker BYD, and the strategic trade-offs of protecting domestic industry. As President Trump touts potential for 15% GDP growth, Rattner explains why that’s unlikely to happen — and why productivity gains from AI may matter more than tariffs.

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Steve RattnerWillett AdvisorsChinese EVAs President TrumpMarkets LikeBloomberg MarketsFinance VisitX Facebook Instagram Connect

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Is Trump’s Manufacturing Comeback Real? · Bloomberg Television · Sentinel