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The Pescadero Perspective
news Project Syndicate 2026-05-25

Trump Policy Pivot Needed: Support Domestic Manufacturing Amid Economic Pressures

As midterms approach, President Trump should abandon efforts for a weaker dollar to alleviate affordability issues and strengthen the US fiscal position. Policy instruments exist to bolster domestic manufacturing.


<p>As November’s midterm elections approach, US President Donald Trump must stop pushing for a weaker dollar, which will exacerbate the affordability pressures many Americans face and harm the country’s fiscal position. Fortunately, there are several policy instruments that could help the administration support domestic manufacturing.</p>

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