TRUMP'S TARIFF IMPACT - First Two Months

Tariff impact on job creation

In two short months President Trump's tariff policy has seen some amazing announcements of business investment in the US economy and the US workforce.

Major business investments in the USA since Trump employed his tariff-free policy for made-in-the-USA goods. It is not just the auto sector but also span tech, pharma, and more.

The largest recent investment announcements for new U.S. manufacturing and facilities:

Johnson & Johnson  $55 billion  Pharmaceuticals  Build four new U.S. manufacturing plants (first in Wilson, NC), expand existing sites, and create 5,500 jobs (5,000 construction; 500 permanent).

Apple $500 billion Technology  Invest over four years in U.S. operations, including a new AI server factory in Houston (2026) and hiring 20,000 employees. 

Eli Lilly, $27 billion Pharmaceuticals Build four new U.S. drug-manufacturing sites and create ~3,000 skilled jobs plus ~10,000 construction jobs.

Taiwan Semiconductor Manufacturing Co. (TSMC) $100 billion Semiconductors Expand U.S. chip manufacturing with three new fabs and two packaging facilities in Arizona.

Schneider Electric $700  million in energy equipment  Expand factories in Missouri, Ohio, and Tennessee; open an AI data-center lab in Massachusetts and an innovation center in Texas; create 1,000 jobs. 

Siemens $285 million Industrial/AI Open two U.S. manufacturing plants in Fort Worth (TX) and Pomona (CA) for electrical products supporting AI data centers; create 900 jobs.

SoftBank $100 billion Technology/AI Commit to investing in U.S. AI projects over four years to create 100,000 jobs (focused on infrastructure).

These announcements span pharmaceuticals, semiconductors, tech, energy, and industrial manufacturing — reflecting a broad wave of reshoring and capacity expansion outside the auto sector.

Recent auto sector announcements 

Hyundai Motor Group has committed roughly $21 billion in U.S. manufacturing over the next several years, driven largely by tariffs designed to incentivize domestic production. This includes at $5.8 billion steel mill in Louisiana. A plant expansion in Georgia is an investment of $7.6 billion, taking production from 300,000 units annually to 500,000.

Stellantis (owner of Jeep, Ram, Dodge, and Chrysler) announced it will reopen its Belvidere, Illinois assembly plant in 2027, reinstating roughly 1,500 UAW-represented jobs to produce a new midsize pickup truck.