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Tariffs won't fix America's manufacturing problem — but AI might, Goldman Sachs says

At Amazon's warehouse, a Vulcan robot uses touch and AI to pick up a product from a mobile shelf.

Wolf von Dewitz/picture alliance/Getty Images

  • Tech innovation is more likely than tariffs to revive the manufacturing sector.
  • Chinese manufacturing has hurt the sector, but it's not the only cause of the decline, according to Goldman Sachs.
  • Manufacturing productivity has slowed after the Global Financial Crisis due to weak investment.

The US manufacturing sector has been in decline for years.

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