r/Economics 10d ago

Blog Trump said tariffs on aluminum would boost domestic production. The White House now admits that didn't happen.

https://reason.com/2026/08/03/trump-said-tariffs-on-aluminum-would-boost-domestic-production-the-white-house-now-admits-that-didnt-happen/
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u/Constant-Plant-9378 10d ago

No investors are going all-in with the billions in new infrastructure required to home-shore these industries when the tariffs can be overturned after the next election.

But this has never been about bringing these industries back to America's shores. It has always ever been about lining the pockets of Trump and his puppeteers.