How Trump’s tariffs really ‘work’

Wall Street Journal: But the President is right that his tariffs are at work—in destroying U.S. jobs and raising prices. The U.S. has lost some 75,000 manufacturing jobs since January 2025, including 25,900 in motor vehicle and parts production. Manufacturing jobs have been declining since early 2023, so not all of these job losses stem from Mr. Trump’s border taxes. Some auto job losses are probably an overhang from the electric-vehicle fiasco…