Impact of Import Taxes on U.S. Manufacturing

President Trump's efforts to encourage more U.S. manufacturing with import taxes on foreign goods are not gaining traction, as most people are not willing to pay a premium for 'Made in the USA' products. Online experiments and sales data from a hardware store show that consumers overwhelmingly choose cheaper imported products over more expensive domestic versions.

President Trump's Tax Proposal for American-made Cars

President Trump proposed making loan payments tax deductible for American-made cars during his joint address to Congress. He also outlined other aspects of his tax agenda, including tax cuts and tariffs on companies that do not make products in America.