Tariff uncertainty threatens $490B in US manufacturing investment, report warns

FIRST ON FOX: A new report from the Joint Economic Committee Minority warned Monday that fallout from President Donald Trump's trade policy could slash U.S. manufacturing investment by as much as $490 billion by 2029. 

Such investments that businesses may defer because of trade uncertainty include capital expenditures on new factories, plants, and production facilities, along with research and development and purchases of advanced manufacturing equipment. 

POWERFUL MANUFACTURING ASSOCIATION PENS REGULATION REBALANCING PLAN FOR TRUMP ADMIN

The report, compiled by Democrats, cauti...