Wall Street Journal (July 10)
The “dismal reality” is that Trump’s “border taxes are raising costs and have failed to usher in a manufacturing renaissance. His tariffs are “destroying U.S. jobs and raising prices.” The U.S. has shed “some 75,000 manufacturing jobs since January 2025” and it’s estimated Trump’s tariffs added 10.4% to new car sticker prices. Basically, “businesses don’t know what the trade rules or tariffs will be in a few years—or even tomorrow with Mr. Trump. His trade oscillations and border taxes are a major reason the economy hasn’t performed as well as during his first term, and why Americans are so unhappy.”
Tags: Border taxes, Businesses, Cars, Costs, Destroying, Dismal reality, Economy, Failed, Jobs, Manufacturing, Oscillations, Prices, Trade rules, Trump’s tariffs, U.S., Unhappy
