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Tariffs Kill 1 Million Jobs, Generate $215B, White House Rejects

6/21/2026

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Story summary
  • An analysis estimates tariffs eliminated up to one million jobs nationwide.
  • The Advancing American Freedom Foundation report says President Donald Trump’s 2025 tariff policy reduced job growth.
  • Treasury data show tariff collections rose to $215.2 billion by fiscal 2025 end, about triple pre-tariff levels, with $30 billion in January.
  • White House spokesman Kush Desai dismissed the report as a useless memo and said it aimed to revive former Vice President Mike Pence.