White House economic adviser Larry Kudlow claimed without evidence that the United States-Mexico-Canada Agreement would add “180,000 new jobs per year” in the U.S.
Democratic presidential candidate Kamala Harris wrongly claimed that “as many as 300,000 autoworkers may be out of a job before the end of the year.” That’s a high-end estimate for total job losses — not solely among autoworkers — due to the potential impact of the Trump administration’s trade policies, including actions not yet taken.
A reader sent us a comment regarding the escalating U.S.-China trade dispute.
Tariffs imposed by the Trump administration have a small, negative impact on gross domestic product growth, according to economists, the Congressional Budget Office, the International Monetary Fund and the top White House economic adviser. That contradicts President Donald Trump’s repeated claim that the tariffs have boosted the GDP.