European expert sees obstacles in Trump's plans to reshore manufacturing sector through tariffs

Donald Trump sent a simple message at the World Economic Forum held in Davos: "Come make your product in America, and we will give you among the lowest taxes of any nation on Earth," adding, "but if you don't make your product in America, then, very simply, you will have to pay a tariff." But how likely will Trump's ambitions for the reshoring of manufacturing production to the U.S. through tariffs come into reality? Daniel Gros, director of the Institute for European Policymaking at Bocconi University, points out that the unstable regulatory and political environment in the U.S., which changes dramatically between presidents, makes investors very wary about investing in the U.S.