How Trump's tariffs have hurt manufacturers instead of helping them

There’s a growing body of data showing the tariffs President Donald Trump said would help American factories are, in fact, squashing many of them. Take, for example, Allen Engineering, which makes industrial equipment in northeast Arkansas. Jay Allen says his costs for the parts for his power trowels have risen due to import taxes. Allen says he lost money last year, even though he cut his payroll and increased prices. Data shows manufacturing jobs dropped during Trump’s first year back in office. The White House says the Republican president's policies will take time to make a difference. But economists say the uncertainty caused by the tariffs has set back the sector.