Trump says it could take 2 years before tariffs result in American manufacturing boom

As markets nosedived and foreign allies recoiled after the unveiling of sweeping tariffs to be imposed by the U.S., President Donald Trump said he was looking toward the future impact of his levies.

In the case of manufacturing growth, a key administration interest in imposing a 10% levy on all trade partners and significantly higher tariffs on certain nations such as China, Trump said it could take years.

"Let's say it's a two-year process," Trump said when asked by a reporter on Thursday how long it will take to get the industry where he wants to see it
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