Trump's Tariffs: No Economic Crash, No Factory Revival

• Trump's tariffs did not crash the US economy, nor did they lead to a factory revival as promised.
• The economy showed resilience, partly due to AI investment and consumer spending, not solely tariffs.
• Manufacturing employment declined, and overall unemployment rose, contrary to job growth predictions.
• While prices rose in tariff-affected sectors, broad inflation remained moderate, around 3%.
• Tariff revenue increased significantly, but manufacturing continues to contract, and policy uncertainty hinders investment.

Why It Matters: Trump's tariffs yielded mixed economic results, defying both boom and bust predictions.