Well manufacturing jobs are up nicely under Trump.No they are not! They already took a hit when millions of jobs in small town America were lost because of NAFTA and China trade. You obviously have never worked in manufacturing.Fuck the Stock Market. Investors with big portfolios do nothing for Main Street USA. I hope they lose their fucking asses...traitors.Your racist term reflects on you only, no one else.
U.S. officially announces planned tariff increase to 25% on $200 billion of Chinese goods after they reneged on nearly all their commitments.
So 25% not 200%. And only on $200B not all of their exports to us.
‘China has chosen to retreat’ — the U.S. view as negotiations reach critical juncture
If those tariffs go into effect on Friday, expect a very bad week next week for the stock market.
Main St. USA and the mom and pop businesses are going to take a pretty hard hit if the tariffs are imposed. Big business will simply pass the cost on to the consumer. Not to mention a few steel companies that depend on foreign imports to make their products.
80% of manufacturing jobs were lost to automation and efficiency improvement. Very few actually left the country.
This is why manufacturing output kept going up and up even as manufacturing jobs were being lost.
Under Obama manufacturing output was flat to dropping.
Under Trump, it's come up nicely: