Trump's tax cuts jolt manufacturing jobs

In 2016, President Barack Obama said then-candidate Donald Trump would need a magic wand to deliver on his promise to bring back manufacturing. Turns out, Trump didn’t need a magic wand — all he needed was tax reform.

Since President Trump signed the tax cuts, manufacturing has been booming. At least 100 manufacturers have built new facilities, purchased new equipment, hired new employees, and invested in current employees through bonuses and benefit increases. Each has cited tax cuts as the reason for their actions.