Tariffs on Household Goods Bring Home Costs of Trump’s Trade Wars
- President Donald Trump's recent announcement on tariffs raised concerns among elites about the trade deficit, which with the European Union is $235 billion and has not dropped below $100 billion since 2011.
- America lost 5 million manufacturing jobs between 2000 and 2014, marking the steepest decline in its history, which has significantly impacted the middle class.
- The total trade deficit in 2024 reached a record $1.2 trillion, marking the fourth consecutive year above $1 trillion.
- CBS News fact-checked claims that America has lost 90,000 factories since NAFTA, stating the correct number is actually 70,500.
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This is ground zero in Trump’s trade war - West Hawaii Today
LOS ANGELES — Normally, the towering green crane in the Everport Terminal at the Port of Los Angeles would be busy unloading hulking container ships. Longshoremen below would flit around in “bomb carts” used to ferry containers from the ship. Big rigs would carry off imported furniture, car parts and clothing to other parts of the country.
Coverage Details
Total News Sources16
Leaning Left4Leaning Right5Center2Last UpdatedBias Distribution45% Right
Bias Distribution
- 45% of the sources lean Right
45% Right
L 36%
C 18%
R 45%
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