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“Liberation Day” was a failure. Here’s the cost of Trump’s tariffs one year later.

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NewsletterApril 2, 2026 Apr 2, 2026

“Liberation Day” was a failure. Here’s the cost of Trump’s tariffs one year later.

Plus, 8 million people showed up to last weekend’s No Kings Day protests

Building an Economy for All, Democracy, Economy, Tariffs, Trade, Trump Administration, Voting Rights +4 More

The positions of American Progress, and our policy experts, are independent, and the findings and conclusions presented are those of American Progress alone. American Progress would like to acknowledge the many generous supporters who make our work possible.

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