Anonymous2 days ago
One year after President Trump's "Liberation Day" tariffs — the most sweeping trade barriers since 1911 — the United States has shed approximately 100,000 manufacturing jobs rather than gaining them. The Supreme Court struck down the original IEEPA legal authority in a 6-3 ruling, roughly 90% of tariff costs have fallen on American firms and consumers according to the New York Federal Reserve, and the trade deficit in goods hit a record high in 2025, raising fundamental questions about whether tariffs alone can address the structural forces behind decades of manufacturing offshoring.