Trump's Tariffs Led to Significant U.S. Job Losses, Studies Find
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Trump's tariffs on imported goods like steel, aluminum, and Chinese products led to job losses of up to 250,000, studies found, due to higher costs for U.S. manufacturers.
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The tariffs caused a 1.4% decline in manufacturing employment, amounting to about 175,000 fewer jobs created.
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Higher import prices forced some companies like an Ohio sewing machine seller to freeze wages and lay off workers.
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The tariffs did help some domestic industries like steel pipe and wood flooring manufacturers by protecting them from cheap imports.
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If Trump expands tariffs to 60% on Chinese imports as proposed, it would have "significant adverse effects" and lead to more job losses and higher prices.