Trump's tariffs are backfiring on the U.S., Fed finds

[Bucki2]

According to the Fed study, the tariffs that went into effect in 2018 have led to not only higher producer prices but also a loss of jobs across the U.S. — particularly in manufacturing. A previous analysis also found that tariffs have cost the U.S. $42 billion so far.

https://www.yahoo.com/finance/news/trumps-tariffs-are-backfiring-fed-154909223.html