Tariffs haven’t preserved jobs, either…
Estimates vary by organization and sector, but reports indicate that U.S. tariff policies have led to the loss or reduction of roughly 75,000 to over 100,000 manufacturing jobs and hundreds of thousands of related blue-collar and small-business jobs.
Key Data and Estimates Manufacturing Jobs Lost:
• The United States Joint Economic Committee reported that the U.S. manufacturing industry lost 108,000 jobs during the first year of the administration's tariff policies.
• Other tracking reports, such as data highlighted by the Center for American Progress, noted approximately 89,000 lost manufacturing jobs alongside 123,700 lost transportation and warehousing jobs.
Broader Employment & Blue-Collar Impact:
• National blue-collar job losses spanned 45 states, with some macroeconomic analyses (such as those cited via Fox News) suggesting up to 1 million fewer jobs nationwide when accounting for broader ripple effects across trade-exposed sectors.
• The Tax Foundation estimated that the long-run impact of the tariff regime reduces overall hours worked equivalent to roughly 338,000 full-time jobs.
Small Businesses:
• Small businesses (fewer than 10 employees) heavily exposed to tariffs accounted for a large share of the early-phase economic contraction and local layoffs.