President Donald Trump was swept into office on promises of shaking up the U.S. economy, but one of his hallmark plans may run into a harsh economic reality, according to a CNBC analysis.
Two of Trump’s main economic talking points are increasing the number of well-paid manufacturing jobs and cutting back on imports. But many of the highest-paying manufacturing jobs — and those most important to the economy — rely most heavily on imported materials.
Take a look at the chart below. It’s based on an analysis by economists at the Peterson Institute for International Economics, a nonpartisan think tank.
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Manufacturing, The Fastener Museum