Marketplace

Ben Armstrong, executive director of the MIT Industrial Performance Center, speaks with Marketplace reporter Samantha Fields about the impact of tariffs on manufacturing in the U.S. “Things like magnets, which are really critical for batteries and other core electronic technologies, we’ve really lost the capacity to build in the U.S.” Armstrong adds that it’s possible to build that capacity here, but “it takes a long time, and it takes really significant investment,” likely from the government and from companies.