News

Politics

On HALO

3 hours ago

Trump bet tariffs would bring back American factory jobs. New report says it didn't work

EXCLUSIVE — President Donald Trump's "Liberation Day" tariffs promise is facing challenges from a new analysis that argues the sweeping trade policy failed to revive manufacturing and instead slowed job creation in the U.S.The report, obtained first by Fox News Digital, lands months after Trump's signature economic policies was handed a blow when the Supreme Court struck down sweeping tariffs, and businesses are now seeking billions of dollars in tariff refunds.Trump's April 2025 global tariff rollout marked the largest U.S. tariff hike in decades, delivering on a signature economic promise th...