Trump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China | Fortune0

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• August 5, 2026

In both of his administrations, President Donald Trump has wielded tariffs as a means of discouraging trade relationships with China, as well as incentivizing American reshoring, but this strategy may be backfiring. As Trump’s import tax plan continues to fluctuate, some U.S. companies who initially moved away from China are now reinvesting in suppliers there.