Trump’s One Weird Trick to Wreck the Economy

Israel

Federal Reserve Chair Jerome Powell on Wednesday described a “curious balance” in the labor market, in which both supply and demand have sunk “sharply,” thanks to President Donald Trump’s immigration policies and potentially his tariffs. Asked whether tariffs have created the weakened U.S. job market, Powell said that is “certainly possible.” But while trade policy “may” be affecting the labor market, Powell said, “the change in immigration” is the primary reason “employment is doing what it’s

Tag-uri: Donald Trump

Trump’s One Weird Trick to Wreck the Economy https://newrepublic.com/ - 18.09.2025 00:44

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Trump’s One Weird Trick to Wreck the Economy https://newrepublic.com/ - 18.09.2025 00:44