Tariffs and Trade Wars: Implications for Manufacturing

This chapter examines the effects of tariffs on the manufacturing sector, highlighting Honda's production shift from Tokyo to Indiana as a case study. Discussions include the broader context of international trade tensions, the strategic responses of businesses to political policies, and the uncertainties faced by various industries, particularly pharmaceuticals and semiconductors. The chapter also explores the complexities of job dynamics in manufacturing and the significance of the different types of tariffs in the current trade landscape.