US Tariffs Policy Reeling Under Pressure, Job Losses Mount
As the Trump administration's tariffs policy continues to take its toll on American industry, a grim reality is emerging: the losses are mounting, and over 70,000 jobs have vanished since April 2025.
According to Gavin Bade, a reporter on trade and economic policy at The Wall Street Journal, the situation is becoming increasingly dire for the US economy. In an exclusive interview with FRANCE 24, Bade revealed that Donald Trump's tariffs strategy may already be backfiring, biting off more than it can chew.
"It's a perfect storm of protectionism, and the results are catastrophic," said Bade. "These trade wars have created chaos, disrupting global supply chains and ultimately harming American workers."
The staggering figure of over 70,000 job losses serves as a stark reminder of the devastating impact of Trump's tariffs policy. From manufacturing to agriculture, industries that were once thriving under the previous trade agreements are now struggling to stay afloat.
Bade warned that this is only the beginning, and the economic fallout from these tariffs could be catastrophic if left unchecked. "It's already coming back to bite us," he said. "We're seeing manufacturers shifting production overseas, and American consumers footing the bill for higher prices."
As the US economy teeters on the brink of crisis, one thing is clear: Trump's tariffs policy is a recipe for disaster. The only question now is whether it can be reversed before irreparable damage is done to the nation's economic future.
As the Trump administration's tariffs policy continues to take its toll on American industry, a grim reality is emerging: the losses are mounting, and over 70,000 jobs have vanished since April 2025.
According to Gavin Bade, a reporter on trade and economic policy at The Wall Street Journal, the situation is becoming increasingly dire for the US economy. In an exclusive interview with FRANCE 24, Bade revealed that Donald Trump's tariffs strategy may already be backfiring, biting off more than it can chew.
"It's a perfect storm of protectionism, and the results are catastrophic," said Bade. "These trade wars have created chaos, disrupting global supply chains and ultimately harming American workers."
The staggering figure of over 70,000 job losses serves as a stark reminder of the devastating impact of Trump's tariffs policy. From manufacturing to agriculture, industries that were once thriving under the previous trade agreements are now struggling to stay afloat.
Bade warned that this is only the beginning, and the economic fallout from these tariffs could be catastrophic if left unchecked. "It's already coming back to bite us," he said. "We're seeing manufacturers shifting production overseas, and American consumers footing the bill for higher prices."
As the US economy teeters on the brink of crisis, one thing is clear: Trump's tariffs policy is a recipe for disaster. The only question now is whether it can be reversed before irreparable damage is done to the nation's economic future.