Trump tariffs cost America, builders and carmakers hit

One year after their implementation, President Trump's tariffs are reportedly imposing significant costs on the American economy, particularly affecting home builders and car manufacturers. These industries are experiencing negative impacts due to increased costs of imported materials and components. Furthermore, the promised reduction in the federal debt has not materialized as anticipated. The assessment suggests that the tariffs have not achieved their intended economic benefits and may be hindering growth in key sectors of the U.S. economy.