Tariffs Have Not Brought Manufacturing Jobs Back to the US, Supply Chain CEO Says

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Evan Smith, co-founder and CEO of supply chain software firm Altana, says US tariffs have failed to return manufacturing jobs to the country, contradicting a key stated goal of the Trump administration's trade policy. Smith appeared on The Verge's Decoder podcast to discuss how rapidly shifting US tariff policies and global trade disruptions are reshaping international supply chains. Altana uses large-scale global trade data to track real-time shifts in shipping and commerce, giving Smith a broad view of macro-level economic trends. He also warned that pressure on critical trade chokepoints like the Strait of Hormuz is likely to intensify, partly due to the ongoing conflict involving Iran. Smith noted that advances in agentic AI are also transforming how Altana builds and operates its software for clients managing billions of dollars in international trade.

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