U.S. manufacturing productivity has been in decline over the past decade.

Relative to their respective GDPs, the U.S. trade imbalance with Germany, Japan, and South Korea is as large as its trade imbalance with China.

Oren Cass predicts that former President Trump's tariffs will increase U.S. manufacturing output and employment in the long run, which he defines as a period of a few years or more.

The United States currently has a trade deficit exceeding one trillion dollars, which involves exchanging U.S. assets like treasury debt for foreign goods.

Oren Cass argues that attempting to engage in free trade with a non-market economy like China does not advance free markets but instead significantly hinders them.

American Compass was founded in 2020 with the mission to restore an economic consensus that emphasizes the importance of family, community, and industry.

Oren Cass advocates for a baseline tariff of approximately 10% on all imports to create a preference for domestic production within the United States.

TSMC has reportedly slowed its investment in Japan in order to invest more quickly in the United States.

Oren Cass believes a three to five-year timeframe is reasonable to expect a significant change in the performance of the U.S. manufacturing sector due to tariff policies.

Taiwan's dominance in advanced semiconductor fabrication is attributed to explicit policy choices rather than any natural resource endowment.

U.S. industrial output has remained essentially flat since 2007.

Oren Cass states that one to two years is a sufficient timeframe to evaluate whether current tariff policies are successfully stimulating a domestic capital investment response.

A Wall Street Journal article suggested that proposed pharmaceutical tariffs would lead to significant reshoring of drug manufacturing to the U.S.

The CHIPS Act is driving a massive investment boom and expansion of productive capacity for advanced semiconductors in the United States.

The US 'college for all' educational model is mismatched with the country's need for a skilled manufacturing workforce, posing a risk to re-industrialization efforts.

The Trump administration is proposing a policy to grant tariff exemptions to companies that are actively investing in bringing manufacturing capacity to the U.S.

In the early 1980s, the Reagan administration used the threat of tariffs to compel Japan to move its auto manufacturing to the US, which began with assembly plants from Honda and Toyota.

The US manufacturing sector has experienced real productivity and output growth for the first time in a long period, reversing previous downward trends.