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Sneakers show limits of trade policy in reviving jobs for Trump

Most lost manufacturing jobs aren't coming back to the US, but higher costs for consumers could

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Nike has invested too much in lower-wage economies to consider moving factories, even if tariffs rise and push up costs for American consumers, analysts say.

Washington

AMERICAN companies from appliance makers to car parts suppliers have queued up to offer a quiet caution to President-elect Donald Trump as he considers pulling the US from trade deals: most lost manufacturing jobs aren't coming back, but higher costs for consumers could.

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