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December 22, 2025 30 mins

The construction of a giant factory complex in Arizona was supposed to embody the Trump administration’s ability to bring manufacturing back to the United States.

But undertaking big projects is not as simple as it seems. Peter S. Goodman, who writes about the intersection of economics and geopolitics for The New York Times, explains why.

Guest: Peter S. Goodman, who covers the global economy for The New York Times.

Background reading: 

  • Read about the 18,000 or so reasons that make it so hard to build a chip factory in the United States.

Photo: Loren Elliott for The New York Times

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

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