Rather than reducing the deficit and bringing back manufacturing jobs, Trump’s tariffs will only hurt US allies, raise prices at home and further undermine America’s dominance

For a world weary of the United States’ capacity to disrupt, the bombast is baked in, the threats are frequently bluffs and the president who relishes shock and awe, in the end,…

“The story that it is bringing back manufacturing is really not the story,” economist Mary Lovely warned. “Manufacturing is not coming back.”