Many people think that President Donald Trump is clueless about his tariff increase, and now China is trying to show off its strength. However, in the long run, China will suffer.
EagleEye Economics
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🚨 Trump Tariffs After Math: A Job Killer in Disguise? Goldman Sachs Sounds the Alarm!
Goldman Sachs just dropped a truth bomb on Trump’s tariff strategy. While the policy might look pro-manufacturing on the surface, the hidden cost is a massive net job loss. Here's what the numbers really say:
📈 Manufacturing Boost? Barely. A 10% tariff hike may create less than 100K jobs in manufacturing — a mere 0.2–0.4% increase.
📉 Collateral Damage: Higher input costs could wipe out over 500K jobs in other sectors like services, retail, and construction.
💰 Input Inflation: Tariffs raise the cost of imported raw materials, squeezing margins across non-manufacturing industries.
🧩 Net Loss Scenario: For every 1 job gained, 5 are lost. The math doesn't lie.
⚠️ Historical Evidence: Goldman based this projection on decades of tariff impact data. The pattern is consistent — tariffs backfire economically.
Bottom Line: Tariffs are a political win, but an economic loss. Don’t fall for short-term optics.
Like, share, and drop your thoughts — do tariffs really help the U.S. worker, or is it just a mirage?
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