The manufacturing sector showed strong hiring through November in the jobs report released Friday, suggesting that the Trump administration’s tariffs are not having a strong negative effect on the economy, at least not so far.
The administration’s tariffs have increased the prices of the key raw materials of steel and aluminum, putting a squeeze on many companies, but the strength of the economy, with unemployment at a very low 3.7 percent overall, appears to have mitigated those effects.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
