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From Liberation to Limbo: A Year After ‘Liberation Day’ Tariffs, What Difference Have They Made?

The Tax Foundation said the tariffs did not deliver the promised surge in foreign investment, and manufacturing jobs fell by 89,000.

One year after President Trump announced his “Liberation Day” tariff plan, a look at how effective using tariffs as a global-bully stick has been.

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The Economist broke the news in London, United Kingdom on Wednesday, April 1, 2026.
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