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applegrove

(127,399 posts)
Fri Jul 11, 2025, 06:28 PM Jul 11

Trump's shock-and-awe tariffs haven't fueled a manufacturing jobs boom [View all]

Trump’s shock-and-awe tariffs haven’t fueled a manufacturing jobs boom

By Matt Egan, CNN
6 minute read
Updated 8:19 AM EDT, Fri July 11, 2025

New York
CNN

https://www.cnn.com/2025/07/11/business/jobs-trump-tariffs-manufacturing?utm_medium=social&utm_source=blueskyCNN&utm_content=2025-07-11T11:39:01


President Donald Trump’s shock-and-awe tariff campaign is off to a slow start when it comes to reviving American manufacturing jobs.

While it will take time for the full impact to play out, the early results suggest that not only have tariffs failed to inspire a hiring boom, but the chaotic policy rollout is paralyzing businesses.

Economists and trade researchers say the haphazard nature of the trade war is compounding the longer-term pressure on US manufacturing.

Even as Trump spiked tariffs to levels unseen in nearly a century, the manufacturing sector lost a combined 14,000 net jobs in May and June, according to federal data. Manufacturing employment is little changed overall since Trump took office in January.
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