FEATURED · INDUSTRY Trump’s manufacturing push meets reality as costs rise and investment stalls
July 23, 2026 1 min read 1
INDUSTRY

Trump’s manufacturing push meets reality as costs rise and investment stalls

Source: SCMP — China News

PUBLISHED
July 23, 2026
CATEGORY
SC
SCMP — China News
eChina Team
1

At Zion Foodtrucks in the US state of Colorado, American-made steel and aluminium are combined with globally sourced stoves, refrigerators, vents and titanium piping to transform everyday vehicles into mobile restaurants. But instead of benefiting from Donald Trump’s push to revive US manufacturing, the company says it has been squeezed by higher costs and tougher competition. Since taking office, the US president’s import taxes on steel and aluminium have hit 50 per cent tied to his “beautiful”…

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