Janet Yellen: American Manufacturing Is a ‘Pipe Dream,’ May Not Be a ‘Desirable Goal’
Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a “pipe dream.”

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a “pipe dream.”
Nvidia has announced plans to build AI supercomputers in Texas and invest up to $500 billion in AI production within the United States.
Workers in Michigan automobile plants are “actually encouraged” by President Donald Trump’s status quo-altering tariffs despite short-term uncertainty, according to Rep. Lisa McClain (R-MI), who told Breitbart News that people are “willing to make that trade off for long-term more jobs.”
Sen. Bernie Sanders (I-VT) is opposing President Donald Trump’s reciprocal tariffs after spending his career in Washington, DC, trashing the nation’s decades-long free trade policy for allowing multinational corporations to easily outsource American jobs to low-wage countries like China and Vietnam.
The Chamber of Commerce is attacking Trump’s reciprocal tariffs while lobbying lawmakers in Washington, DC, to negotiate more free trade deals.
General Motors (GM) plans to expand production at one of its plants in Indiana thanks to President Donald Trump’s tariffs on foreign-made cars.
Stellantis is halting production at two manufacturing plants, one in Canada and another in Mexico, just a day after Trump announced auto tariffs.
President Donald Trump unveiled what he called “our Declaration of Economic Independence” at his “Liberation Day” event.
Michigan union workers are hailing President Donald Trump’s tariffs on foreign-made cars, telling a crowd in the Rose Garden on Wednesday evening that the president’s economic nationalist agenda will revitalize communities gutted from decades of free trade policies.
The Trump agenda is ushering in a “rebirth of American success,” Mississippi Gov. Tate Reeves (R) told Breitbart News Saturday’s Matt Boyle.
The United Auto Workers (UAW) is praising Trump’s auto tariffs, thanking him for “stepping up to end the free trade disaster.”
British engineering giant Rolls-Royce is reportedly making preparations to increase manufacturing production in the United States to avoid tariffs imposed by President Donald Trump.
German luxury auto manufacturer Audi said it is considering moving car production to the United States to avoid tariffs from the Trump administration.
Vice President JD Vance announced that businesses and corporations that “invest in” the United States “will be rewarded.”
General Electric (GE) Aerospace will invest nearly $1 billion into American manufacturing, the Ohio-based company announced Wednesday, saying they are “aligned” with the Trump administration’s economic goals.
President Joe Biden has stopped Japan’s Nippon Steel Corporation from buying the United States Steel Corporation — a victory for President-elect Donald Trump who had vowed to take the action himself if President Biden had not.
China’s premier automakers are flooding Mexico with cheap Electric Vehicles (EVs) in the hopes of selling in the United States next.
Rep. French Hill (R-AR), vice chairman of the House Financial Services Committee, told Breitbart News that House Republicans could work to unleash America’s financial power to revitalize American manufacturing.
General Motors (GM) announced Friday it is is laying off some 1,000 workers worldwide, cutting costs as it tries to compete in a crowded global automobile market.
Trump says the auto industry will be wiped out by outsourcing to Mexico if Kamala Harris wins next month’s presidential election.
Former President Donald Trump’s running mate, Sen. JD Vance (R-OH), says reshoring American manufacturing would be a boon for the environment because the United States leads the world in clean energy.
Donald Trump vowed to enact a 100-percent tariff on vehicles made in Mexico and lower the corporate tax rate for companies that produce in the U.S.
Former President Donald Trump’s running mate Sen. JD Vance (R-OH) says Vice President Kamala Harris has a globalist vision for America that includes “open borders and closed factories.”
JD Vance sounded the alarm on China making most of the pharmaceuticals used in America during a speech in his hometown of Middletown, Ohio.
John Deere is prepping for more big layoffs in two states that will leave 610 staffers without their jobs on August 30.
United States tariffs on China-made imports have helped rescue America’s left-behind textile industry from devastation after decades of free trade that came with mass layoffs of the nation’s textile workers.
As President Joe Biden announces new United States tariffs on several Chinese products, including Electric Vehicles (EVs), China-based corporations may evade those tariffs by rerouting production through other countries.
An American PPE manufacturer told Breitbart News that the Biden administration’s tariffs on Chinese-made PPE are too little, too late.
Virginia U.S. Senate candidate and retired U.S. Navy captain Hung Cao earlier this month toured a nearly-finished state-of-art nitrile rubber plant in southwest Virginia that President Joe Biden’s administration has abandoned, allowing China to be on track to become America’s largest supplier of rubber medical gloves, he told Breitbart News in an exclusive interview.
Senators are calling on President Joe Biden to hike United States tariffs on imported aluminum to save American jobs.
Republican Senate candidate Bernie Moreno, known for his car dealerships across Ohio, stopped selling vehicles made in China by General Motors (GM) after the automaker decided to shutter plants in the Rust Belt while expanding production overseas.
President Joe Biden has issued a new environmental federal regulation to begin phasing out gas-powered cars, requiring American automakers to produce Electric Vehicles (EVs) as part of his sweeping green energy agenda.
The Merriam-Webster dictionary defines the term “bloodbath” as a “major economic disaster,” a characterization used by Donald Trump.
He Xiaopeng, the CEO of XPeng Motors, predicts a “bloodbath” against America’s auto industry with the help of cheap China-made electric vehicles (EVs).
Industry insiders agree with former President Trump’s suggestion that China is looking to annihilate American auto manufacturing.
United States Chamber of Commerce CEO Suzanne Clark made a veiled attack against former President Donald Trump’s economic nationalist agenda, declaring that tariffs and reshoring America’s manufacturing base threaten the global economy.
China’s premier automaker, BYD, financially backed by the Chinese Communist Party (CCP), is now the world’s biggest seller of Electric Vehicles (EVs) — beating out United States-based Tesla for the crown.
Sens. J.D. Vance (R-OH), Josh Hawley (R-MO), and Marco Rubio (R-FL) are calling on President Joe Biden to block the sale of the United States Steel Corporation by Japan’s largest steelmaker.
In another setback for President Joe Biden’s green energy agenda, Ford Motor Co. is cutting production of its all-electric F-150 Lightning pickup truck in half as the auto industry grapples with a lack of demand for Electric Vehicles (EVs).
The House Select Committee on the Chinese Communist Party (CCP) may urge President Joe Biden to revoke the United States’ decades-long, job-killing free trade status with China.