The first Trump Administration imposed nearly $80 billion dollars in new taxes on Americans via tariffs, and the long-run trade-off, according to the Tax Foundation, will be a decline of 0.2% in G.D.P. and a loss of roughly 142,000 jobs. Why Is the Mastermind of Trump’s Tariff Plan Still Sitting at Home in Florida? Robert Lighthizer, the former U.S. Trade Representative, lost his bid to rejoin the White House, but he still believes the President’s protectionist instincts can jumpstart American manufacturing.

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The first Trump Administration imposed nearly $80 billion dollars in new taxes on Americans via tariffs, and the long-run trade-off, according to the Tax Foundation, will be a decline of 0.2% in G.D.P. and a loss of roughly 142,000 jobs.

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