Stephen B. Morton for The Washington Post via Getty Images
Rockwell Automation recently announced the construction of a new factory in Wisconsin, while some other manufacturers are hesitant to build new facilities amid uncertainty.
“In the last six months, the tariff rate on products like we make in Cambodia coming into the U.S. has gone from 0% to 49% to 10% to 36% to 19%,” said Ben Knepler of True Places.
The last six months of shifting import policy have created a lot of uncertainty, which will continue as the Supreme Court weighs in on the tariffs’ legality.