The News that Matters
According to Forbes, manufacturing jobs have grown 714% over the last 3 years as there appears to be a resurgence of manufacturing output of US based companies. With looming trade disputes with China and news released this week that a 5% tariff would be added to Mexican imports, US based manufacturers appear to be poised to increase…
Ford Motor Company just announced layoffs in the midst of a reported $1 billion in tariff-related losses. Auto sales are down due to trade tariffs that President Trump imposed on metal and other car-related materials. Competitive Enterprise Institute trade policy expert Ryan Young says this sort of economic calamity is not surprising. “President Trump’s push…