BayFort Comments: Tariffs will remain a constantly evolving issue throughout the next four years of the Trump administration, making it extremely difficult to plan around potential increases or decreases. However, one clear takeaway is that domestic U.S. manufacturers are poised to benefit in the coming years. The extent of this advantage, however, will depend on a range of macroeconomic factors, including geopolitical dynamics, currency fluctuations, and interest rate movements.