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flag Tariffs failed to boost manufacturing or reduce trade deficits in 2026.

flag A year after U.S. tariffs aimed to boost domestic manufacturing and reduce trade deficits, data shows the policies largely failed. flag Manufacturing jobs declined, the goods trade deficit hit a record high, and the economy faces predicted job losses and growth declines. flag Critics argue the tariffs raised prices, disrupted supply chains, and damaged investor confidence, with the administration continuing the measures despite legal setbacks.

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