Story perspectives
Tariffs Backfire: Manufacturing Jobs Plummet Under Trump
3/18/2026
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Story summary
- Jay Allen, the Trump-supporting owner of Allen Engineering Corp. in Arkansas, faces higher costs for essential materials due to tariffs.
- The U.S. President Donald Trump claimed tariffs would boost American manufacturing, but 98,000 manufacturing jobs were lost in his first year back in office.
- The White House attributes rising construction spending to Biden-era initiatives.
- Economists warn tariff uncertainty deters investment and critics say Trump's approach lacks international cooperation.
