Citizen Writers Fighting Censorship by Helping Americans Understand Issues Affecting the Republic.
American businesses are managing the changing tariff landscape by attempting re-shoring projects, but in their hurry, are they remembering to fully manage the other issues raised by re-shoring?
The employment figures for August were lame. The good news was federal employment dropped another 15,000. The bad news was manufacturing lost another 12,000 jobs. The unemployment rate was listed at 4.3% but nobody believes that number anymore.
The Trump Administration has extended the international tariff negotiation deadline by another three weeks – giving countries until August 1 instead of July 9 to come to a deal.
Focused, temporary tariffs designed to level the playing field may or may not work as designed. Permanent tariffs kill capital which kills jobs.