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"The facts are clear: When he was president, Trump lost nearly 200,000 manufacturing jobs and created new incentives for companies to ship American jobs to China. Economists warn if Trump takes ...
Trump presided over a gain of 414,000 US manufacturing jobs, not a loss of “at least 200,000,” before the Covid-19 pandemic hit. And the loss for his entire presidency, start to finish, was ...
Trump's stock portfolio was valued somewhere between $33.4 million and $87.9 million in 2015 and was invested in many sectors, including public companies such as tobacco distributors, retail outlets, pharmaceutical companies, industrial manufacturing companies, financial conglomerates, oil companies, high technology firms and defense ...
The number of manufacturing jobs did grow under Trump in the years before the COVID-19 pandemic. But those economic disruptions led to the loss of over 1 million manufacturing jobs, according to ...
According to economic experts canvassed by PolitiFact, the tariffs could help create new manufacturing jobs and lead to some concessions from the U.S.'s foreign trading partners, but consumer costs and production costs would almost certainly rise, the stock market would fall, interest rates could rise, and trade wars could occur. [61]
The AFL–CIO, the largest labor union in the U.S., praised Trump for the tariffs, as did Democratic Ohio Senator Sherrod Brown, who said the action would be a boon for "steel plants across Ohio". Many congressional Republicans expressed fear that the tariffs might damage the economy or lead to retaliatory tariffs from other countries.
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But 2,000 jobs is an almost immeasurably small number in an economy that employs 159 million people overall and 12.9 million manufacturing workers. A tariffs-for-jobs scheme is not scalable ...