Economics’ Sue Helper says U.S. machinery is dependent on Chinese capacity

Tariffs on Chinese-made machinery drive up costs for U.S. manufacturers
The Washington Post (subscription required): Sue Helper, the Frank Tracy Carlton Professor of Economics, emphasized that U.S. machinery is in poor shape and highly dependent on Chinese capacity. “It’s important to be able to make the things that allow us to make things,” she said adding that tariffs alone won’t revive U.S. manufacturing.