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flag Tariffs raised revenue but caused inflation, factory job losses, and a $166 billion refund.

flag A year after President Trump’s "Liberation Day" tariffs, the economic impact is mixed. flag While the government collected billions in revenue, Supreme Court rulings invalidated some tariffs, requiring refunds. flag Factory employment dropped by 89,000, contradicting promises of a manufacturing boom. flag Frequent policy changes created uncertainty, and inflation rose to 2.4% in February, driven partly by higher costs passed to consumers.

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