Trump's Tariffs Could Destroy 456,000 Jobs and Slash Wages Across America

Trump’s tariffs risk jobs, raise prices, and weaken allies, hitting families hard. Targeted trade policies can protect workers without economic chaos.

Trump's tariffs could destroy 456,000 jobs and slash wages across America FactArrow

Published: May 16, 2025

Written by Archie Stewart

A Dangerous Trade Gamble

President Trump’s vow to impose sweeping tariffs on nations worldwide landed like a shock. On his Middle East tour, he announced that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will soon set import duties for 150 countries. This plan, slated to take shape within weeks, revives the trade wars of his first term. Who bears the cost of this bold move? Everyday families, small businesses, and America’s global influence.

The strategy relies on a 10 percent baseline tariff on all imports, with surcharges soaring to 125 percent on Chinese goods. Authorized under the International Emergency Economic Powers Act, these measures are pitched as protecting American interests. Yet they threaten economic stability. Why pursue a tactic that history proves damages more than it delivers?

Tariffs hit consumers directly, functioning as a hidden tax. Research projects a 1.7 percent rise in prices, costing households $2,800 on average. Low-income families face the steepest burden, with clothing and shoes jumping 15 to 19 percent. Does this align with promises of economic relief?

This approach prioritizes optics over outcomes. The Smoot-Hawley Tariff Act of 1930 deepened the Great Depression by stifling trade and cutting GDP. Trump’s current trajectory risks similar fallout, undermining purchasing power and disrupting supply chains. Smarter options exist to strengthen the economy without these costs.

Voices like Senator Bernie Sanders advocate for precision: tariffs focused on key industries, paired with policies like the CHIPS Act. These strategies safeguard jobs and innovation while prioritizing labor and environmental protections. Broad tariffs, by contrast, scatter harm without clear gains.

The Heavy Toll on Families

The economic impact is stark. Forecasts indicate Trump’s tariffs will reduce GDP growth by 0.7 percentage points in 2025, with long-term output dropping up to 6 percent. Wages may fall by 5 percent, and 456,000 jobs could disappear. These numbers reflect real people—workers, parents, and communities facing hardship.

While manufacturing might gain 2.5 percent temporarily, other sectors suffer. Construction could shrink by 3.1 percent, agriculture by 1.1 percent. The $2,800 household loss—$1,300 for lower-income families—strikes those least able to cope. How does this advance the cause of ordinary Americans?

Past trade disputes underscore the danger. The 2018-2019 U.S.-China tariff battles drained $1,200 to $1,500 from household budgets yearly. Retaliatory measures from other nations hurt exporters and snarled supply chains. Today’s global trend toward protectionism, with the EU, Mexico, and India raising barriers, heightens the risk of economic isolation.

Some Republican voters, especially those over 50, support these tariffs, with 80 percent in polls endorsing them to counter unfair trade. They accept higher prices for potential long-term gains. But this view overlooks the lasting harm: lower productivity, reduced incomes, and weakened global standing. Tariffs are not the solution they hope for.

A Better Way to Build Strength

Protecting American workers demands precision, not chaos. Trade scholars and progressive policymakers endorse targeted tariffs on critical sectors like clean energy and semiconductors. These, combined with strong labor standards as seen in the USMCA, can foster growth without punishing consumers.

Global partnership outperforms unilateral action. Trump’s deal-making—offering exemptions to allies like the UK or pausing tariffs on China—creates uncertainty and strains alliances. A cooperative approach, grounded in shared environmental and labor goals, would enhance America’s leverage and rebuild trust.

Investing in people is the key. Scaling up training, enforcing fair wages through trade agreements, and expanding green manufacturing can create lasting jobs. Why rely on tariffs that raise costs when we can build an economy that benefits all?

Choose a Fairer Future

Trump’s tariff push bets on short-term wins at the expense of long-term stability. It threatens jobs, inflates prices, and alienates partners, failing to deliver the industrial revival it claims. Historical and current evidence confirms broad tariffs harm more than they help.

Advocates for economic fairness must demand better. Targeted trade policies, worker-focused investments, and global cooperation can protect industries while preserving prosperity. The path is clear: reject divisive tariffs and embrace strategies that uplift everyone.

America cannot afford a trade war that leaves families struggling and the nation isolated. Will we choose policies that build a stronger, more equitable future, or let reckless tariffs pull us backward?