"US Manufacturing Sector in Crisis: 89,000 Jobs Lost in a Year Amid Tariff-Induced Price Squeeze The US manufacturing sector has taken a devastating hit in the past year, with over 89,000 workers losing their jobs as a result of rising input prices triggered by tariffs. The crisis has had a disproportionate impact on blue-collar industries, where workers are already struggling to make ends meet. As the global trade landscape continues to shift, policymakers are facing growing pressure to address the issue and find a solution to mitigate the effects of tariffs on American manufacturers. The alarming job losses highlight the need for a more nuanced approach to trade policy and its impact on the nation's workforce."
More than 89,000 manufacturing workers lost their jobs in the past year as tariffs caused input prices to rise and squeezed blue-collar industries.