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Witnesses and lawmakers tell committee tariff uncertainty is discouraging investment in U.S. manufacturing
Summary
Multiple witnesses said unpredictable and volatile tariff policy is deterring private investment and inventory decisions, adding to supply‑chain uncertainty that can stall hiring and capital spending.
Washington — At a Joint Economic Committee hearing focused on strengthening U.S. manufacturing and supply chains, witnesses and members repeatedly cited tariff uncertainty as a major deterrent to private investment.
Yossi Sheffey of MIT told the committee, “It’s the uncertainty that’s killing us, killing companies,” describing how rapid or unpredictable tariff changes lead firms to hold excess inventory, delay investments and pause hiring.
Dr. Sujay…
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