There's been a lot of anecdotal evidence about how tariffs are behind the manufacturing slump. Now the Federal Reserve proves it, finding that the trade war is hurting the sector it was ostensibly supposed to help: https://t.co/JdpbFtEAwOpic.twitter.com/HEKg7C82cw
“We find that the 2018 tariffs are associated with reductions in manufacturing employment and increases in producer prices.” #TradeWarhttps://t.co/zLeo9Uzt5t
Comments
I wonder if this qualifies The Fed to now officially become part of the Deep State plot against Trump?
by artappraiser on Thu, 12/26/2019 - 11:37pm
Marketwatch.com coverage:
by artappraiser on Fri, 12/27/2019 - 7:48pm