Experts Blame Trump's Tariffs for Cratering Job Creation
Briefly

Experts Blame Trump's Tariffs for Cratering Job Creation
"US President Donald Trump's tariff policies, imposing levies as high as 50% on the United States' trading partners, have not proven compatible with his campaign promise to turn the US back into a "manufacturing powerhouse," as Friday's jobs report showed. The overall analysis was grim, with the economy adding just 22,000 jobs last month, but manufacturing employment in particular has declined since Trump made his April 2 "Liberation Day" announcement of tariffs on countries including Canada and Mexico."
"Since then, the president has introduced new rounds of tariffs on imports from countries he claims have treated the US unfairly, and all the while manufacturers have tightened their belts to cope with the higher cost of supplies and materials. Overall manufacturing employment has plummeted by 42,000 jobs, while job openings and new hires have declined by 76,000 and 18,000, respectively, according to the Center for American Progress (CAP), which released a jobs report analysis titled Trump's Trade War Squeezes Middle-Class Manufacturing Employmenton Friday."
""The manufacturing sector is struggling more than the rest of the labor market under Trump's tariffs, and manufacturing workers' wage growth is stagnating," said CAP. Related Story "DOGE Actions" was the number one reason cited by employers for their planned job cuts. Last month, the sector lost 12,000 jobs, while wages for manufacturing workers stagnated. In line with other private employees, workers in the sector saw their wages go up just 10 cents from July, earning an average of $35.50 per hour."
Tariffs as high as 50% were imposed on trading partners, including Canada and Mexico. The economy added only 22,000 jobs last month while manufacturing employment declined notably after the April 2 "Liberation Day" tariffs announcement. New rounds of tariffs raised input costs for manufacturers, prompting cost-cutting measures. Manufacturing employment has fallen by 42,000 jobs; job openings and new hires declined by 76,000 and 18,000 respectively, according to the Center for American Progress. Last month the sector lost 12,000 jobs and manufacturing wages barely rose, increasing only ten cents to an average of $35.50 per hour.
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