President Trump’s tariffs aim to boost American manufacturing and jobs by leveling the international trade playing field. Marlin Steel CEO Drew Greenblatt argues that current trade imbalances put U.S. manufacturers at a disadvantage, but tariffs could spur a resurgence in domestic production and high-wage employment.
Greenblatt highlights stark tariff disparities: When shipping $9,445 in steel baskets to Germany, U.S. exporters face a $128-per-unit tariff, while German competitors pay only $1.25 per unit to sell similar products in America. Trump’s reciprocal tariffs aim to eliminate this imbalance, forcing foreign competitors to face costs comparable to those imposed on U.S. goods. This “even-Steven” approach, Greenblatt says, gives American manufacturers a fair chance to compete globally.
Tariffs incentivize companies to build factories in the U.S., as seen with Hyundai and Mercedes-Benz. These facilities create direct manufacturing jobs—Greenblatt notes positions at Marlin Steel pay $80,000–$100,000 annually with benefits—and indirect opportunities for local suppliers (e.g., steel, packaging, logistics). He predicts “millions of jobs” could emerge, lifting workers from poverty into the middle class and reducing reliance on government assistance.
Greenblatt ties manufacturing growth to community stability. Well-paid workers can afford homes, cars, and education, reversing the decline seen in towns gutted by factory closures. He contrasts this with the social costs of offshoring: layoffs, foreclosures, and increased food stamp dependency.
While critics warn tariffs might raise consumer prices, Marlin Steel avoids these pressures by sourcing U.S. steel and serving domestic clients. Greenblatt acknowledges some products (e.g., T-shirts) could cost more but argues the trade-off—high-paying jobs—benefits the broader economy.
The Trump administration frames tariffs as a national security imperative, citing reliance on foreign supply chains and a $1.2 trillion goods trade deficit. By prioritizing “Made in America,” the policy seeks to reignite industrial competitiveness and worker prosperity.