Hoping to reindustrialize the US by slapping tariffs on imports is like trying to fix a broken phone with a hammer—it just won’t work, argues Warwick Powell, an Australian academic and adjunct professor at Queensland University of Technology. In a candid chat with CGTN’s Guan Xin, he called the US strategy \"vain,\" highlighting that five decades of manufacturing decline can’t be reversed overnight with protectionist policies. 💡
Powell pointed out that the US manufacturing sector has been hollowed out since the 1970s, with jobs and expertise shifting overseas. \"Tariffs alone are a Band-Aid on a bullet wound,\" he said, stressing that sustainable reindustrialization needs innovation, skilled labor, and long-term investment—not just taxes on foreign goods. 🌏🔧
For young professionals and entrepreneurs tracking global markets, Powell’s take is a reality check: Relying on outdated tactics won’t magically rebuild factories or create jobs. Instead, he suggests embracing tech-driven solutions and smarter trade policies. 📉➡️🚀
