Report Says Trump's 2025 Tariffs Cost 1 Million Jobs and 75,000 Factory Positions
Updated
Updated · Fox News · Jun 15
Report Says Trump's 2025 Tariffs Cost 1 Million Jobs and 75,000 Factory Positions
3 articles · Updated · Fox News · Jun 15
Summary
Up to 1 million fewer U.S. jobs and about 75,000 manufacturing losses followed Trump’s 2025 tariffs, according to a new Advancing American Freedom analysis of post-tariff employment trends.
90% of the tariff burden fell on U.S. importers, the report said, raising costs for manufacturers that rely on foreign parts and adding about $1,000 in 2025 costs for the average family.
99.9% probability job growth slowed after the policy change and more than 90% confidence manufacturing lost jobs because of tariffs were the report’s central statistical claims.
$215.2 billion in tariff revenue flowed to Washington in fiscal 2025, roughly triple pre-tariff levels, even as the Supreme Court later struck down the sweeping tariffs and businesses sought refunds.
The findings sharpen the post-ruling fight over Trump’s trade agenda by undercutting the promised manufacturing revival and arguing the economic damage cannot be fully reversed.