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It’s Official: Trump’s Tariffs Have Failed

Economists found tariffs raised costs borne by U.S. firms and households, with the trade deficit hitting a record $1.23 trillion and manufacturing losing 108,000 jobs in 2025.

Summary by Foreign Policy
Americans are paying, reindustrialization isn’t happening, and China profits.

Bias Distribution

  • 67% of the sources lean Left
67% Left

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Foreign Policy broke the news in United States on Thursday, March 19, 2026.
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