Trump’s tariffs have backfired, according to a new government study – Vox


President Donald Trump has promised throughout his presidency to revive American manufacturing by slapping punishing tariffs on foreign competition.

But a new study from the US Federal Reserve suggests that his efforts have backfired — and that the manufacturing sector is worse off than it was before the president began his protectionist trade policy.

Source: Trump’s tariffs have backfired, according to a new government study – Vox