If Trump pairs the tariffs with a massive reduction in U

If Trump pairs the tariffs with a massive reduction in U.S. regulations, the effect would be to bring production back to the U.S. However, without cutting regulations, tariffs alone would just make everything more expensive for consumers.

The real reason some items are not produced in the U.S. isn’t cost—it’s because the country is over-regulated. Regulations, not labor costs, are the primary barrier to domestic manufacturing.