“When you look at the sectors of the economy that were supposed to benefit from Trump’s economic policies, however, the news gets significantly worse. The manufacturing sector lost 12,000 jobs during the month of August and 78,000 over the past year, according to the data released Thursday by the Department of Labor.
Over the past three months, during which Trump’s tariffs have been in full swing, the manufacturing sector is down 31,000 jobs. Other blue-collar sectors like construction and mining are down over that same period.
All three sectors figure to have been negatively affected by Trump’s tariffs, which (contrary to the administration’s claims) have hit American businesses with huge new taxes on parts, raw materials, equipment, and more. Like with any big tax increase, one way businesses can offset those costs is by hiring fewer people or postponing new investments and expansion. That’s exactly what manufacturing firms say they have been doing.”