NEWSWEEK: In Conversation with Steve Bannon: Tariffs As a Path to a "Reindustrialized" America

Former Trump White House adviser Steve Bannon told Newsweek that American manufacturing is little more than "final assembly" work—especially in the auto industry, where factories often import all the parts and simply put them together in the U.S. Instead, he argued, Trump's focus is on "bringing high value-added manufacturing jobs back."

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