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Schwab Network

The Evolution of U.S. Manufacturing with Jay Timmons

9 min27 augusti 2025

Jay Timmons covers the state of U.S. manufacturing and the impact of tariffs on the sector. He calls the federal budget bill “huge” in signaling commitment to the sector. He compares the 2017 tax bill to the 2025 one, and says it gives the U.S. “one of the most competitive tax structures” worldwide. He discusses how he works to “improve” regulations in the industry and discusses uncertainties in the business world ahead.


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