Source link : https://todaynewsgazette.com/2025/07/14/economy/article30760/
In recent years, former President Donald Trump’s administration championed a series of aggressive tariffs aimed at revitalizing American manufacturing and protecting domestic jobs. Promoted as a cornerstone of his economic strategy, these “shock-and-awe” tariffs were intended to level the playing field for U.S. workers by imposing steep taxes on imported goods. However, contrary to the administration’s bold claims of a manufacturing renaissance, the anticipated surge in job creation within the sector has yet to materialize. A closer examination reveals that while some industries benefited from temporary boosts, the broader impact on manufacturing employment has been muted, raising questions about the effectiveness of these trade measures.This article delves into the complexities surrounding Trump’s tariffs and their actual outcomes on the American labour market, offering insight into a critical aspect of his economic legacy.
Impact of Tariffs on Manufacturing Employment…
Source link : https://usa-news.biz/2025/07/14/business/why-trumps-shock-and-awe-tariffs-failed-to-ignite-a-manufacturing-jobs-boom/
Author : Ethan Riley
Publish date : 2025-07-14 14:56:00
Copyright for syndicated content belongs to the linked Source.
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Author : TodayNewsGazette
Publish date : 2025-07-14 20:03:00
Copyright for syndicated content belongs to the linked Source.
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