Have Trump's tariffs worked? This is where things stand a year after 'Liberation Day'
The government collected a lot of money but has to give half of it back.
A boom in domestic manufacturing hasn't happened.
inflation remained high.
The trade deficit hasn't changed much.
Import taxes are high, but not as high as a year ago.
https://www.npr.org/2026/04/02/nx-s1-5766424/trump-tariffs-inflation-economy