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Trump says his trade war triggered job gains. Here's why that didn't happen.

Trump says his trade war triggered job gains. Here's why that didn't happen.
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Win McNamee/Getty Images(NEW YORK) A sewing machine manufacturer in Ohio froze employee wages, a New York City-based wheelchair producer forced layoffs at a U.S. supplier and a drone seller in Florida struggled to offer pay increases and hire workers.The companies were among hundreds who filed comments with the federal government over the negative consequences of tariffs put in place under then-President Donald Trump. Many of the businesses bemoaned sudden employment-related difficulties, government filings show.Drone Nerds, the Florida-based firm, criticized the tariffs in a filing as "a dead-weight loss for the economy."The challenges reflect findings in a series of studies that show the tariffs undertaken by Trump resulted in at best a neutral effect on U.S. employment and at worst a loss of hundreds of thousands of jobs, all the while raising prices for consumers.On the campaign trail, Trump has vowed to escalate the trade war initiated during his first term. Such polic ....

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Politics - Carroll Broadcasting Inc.

Politics - Carroll Broadcasting Inc.
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