economy
Manufacturing Has Struggled Since 'Liberation Day'
April 2, 2025, will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to make America wealthy again.
TL;DR
- Manufacturing employment has declined in the year since President Trump imposed 'Liberation Day' tariffs.
- A key goal of the tariffs, to reshore manufacturing and increase employment, has not been achieved.
- Manufacturers are incurring higher costs for inputs due to the tariffs.
- The United States has lost 89,000 manufacturing jobs since April 2025, according to the Bureau of Labor Statistics.