US manufacturers should focus on tanks, tech, AI, not textiles: Trump

US tariff policy aims at promoting domestic manufacturing of tanks and technology products, not sneakers and T-shirts, President Donald Trump said yesterday. He agreed with treasury secretary Scott Bessent’s remark that the US does not necessarily need a ‘booming textile industry’. "We're not looking to make sneakers and T-shirts. We want to make military equipment….big things…AI thing," he said.

May 26, 2025 - 15:05
 0
US manufacturers should focus on tanks, tech, AI, not textiles: Trump
US tariff policy aims at promoting domestic manufacturing of tanks and technology products, not sneakers and T-shirts, President Donald Trump said yesterday. He agreed with treasury secretary Scott Bessent’s remark that the US does not necessarily need a ‘booming textile industry’. "We're not looking to make sneakers and T-shirts. We want to make military equipment….big things…AI thing," he said.