Donald Trump's April "Liberation Day" declaration, in which he predicted that sweeping import tariffs would generate substantial manufacturing job growth, has not materialized.

According to the Washington Post, the U.S. has actually lost manufacturing jobs since Trump's announcement. Additionally, the government tariff revenue the president has touted may be jeopardized if the Supreme Court issues an anticipated adverse ruling in the coming days.

Post reporter David J. Lynch reports that U.S. factories currently employ 12.7 million workers—down 72,000 from when Trump proclaimed, "Jobs and factories will come roaring back into our country, and you see it happening already."

The president's trade measures have instead hindered manufacturing, according to most mainstream economists. Michael Hicks, director of the Center for Business and Economic Research at Ball State University, told the Post, "2025 should have been a good year for manufacturing employment, and that didn't happen. I think you really have to indict tariffs for that."

Trump's 'Liberation Day' promises have flopped as jobs failed to materialize: analysis

Hicks cautioned that current job losses represent only the beginning of a broader decline. "The manufacturing job losses that we see now are really just the beginning of what will be a pretty grim couple of quarters as manufacturing adjusts to a new lower level of demand."

4 hours ago, bannork said:

Donald Trump's April "Liberation Day" declaration, in which he predicted that sweeping import tariffs would generate substantial manufacturing job growth, has not materialized.

According to the Washington Post, the U.S. has actually lost manufacturing jobs since Trump's announcement. Additionally, the government tariff revenue the president has touted may be jeopardized if the Supreme Court issues an anticipated adverse ruling in the coming days.

Post reporter David J. Lynch reports that U.S. factories currently employ 12.7 million workers—down 72,000 from when Trump proclaimed, "Jobs and factories will come roaring back into our country, and you see it happening already."

The president's trade measures have instead hindered manufacturing, according to most mainstream economists. Michael Hicks, director of the Center for Business and Economic Research at Ball State University, told the Post, "2025 should have been a good year for manufacturing employment, and that didn't happen. I think you really have to indict tariffs for that."

Trump's 'Liberation Day' promises have flopped as jobs failed to materialize: analysis

Hicks cautioned that current job losses represent only the beginning of a broader decline. "The manufacturing job losses that we see now are really just the beginning of what will be a pretty grim couple of quarters as manufacturing adjusts to a new lower level of demand."

Native born unemployment also increased, despite the expulsion of numerous immigrants! 😆

https://fred.stlouisfed.org/series/LNU04073413

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