Sun, 07 Sep 2025
The gulf between Trump's rhetoric and the reality on the ground is starting to show.
- US employment growth has slowed, including in manufacturing.
- Manufacturers have reported a negative impact from tariffs, with 71% citing higher costs and hurt profits.
- Companies like Matouk and Vanson Leathers are struggling due to tariff-related expenses.
- Despite Trump's promises of job gains and lower prices, the sector is experiencing contraction, shedding 12,000 jobs last month alone.
- Experts warn that tariffs will raise US business costs and slow growth.
- Frank Teixeira, a manufacturing family business owner, says he's not optimistic about achieving a manufacturing revival due to tariffs and immigration issues.
- Even some Trump supporters are expressing doubts about the president's strategy.
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