Trump, tariffs and Global Economy
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9hon MSNOpinion
Donald Trump was nearly assassinated by a sniper in Pennsylvania a year ago. He survived, was reelected president and is now stronger than ever.
Stock markets are up and tax cuts are coming for some, but consumer spending is slowing and the full effects of tariffs have not yet hit.
The U.S. crackdown on immigration could converge with tariffs as a major headwind for economic growth. A post-COVID surge in migration has been halted by tougher immigration enforcement, impacting critical sectors of the economy by chipping away at parts of the labor force — and ultimately putting downward pressure on growth,
The Trump administration’s curbs on immigration and ramped-up deportations will lower US economic growth by almost a full percentage point this year, according to a study from the Federal Reserve Bank of Dallas.
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Axios on MSNTrump immigration crackdown ripples through economyData: Oxford Economics/Cato Institute/Deportation Data Project/CBO/DHS/TRAC. Chart: Axios Visuals President Trump's immigration crackdown is hitting key pockets of the economy, disrupting workplaces and communities around the country.
Fortunately, while Americans are clearly concerned about the state of the U.S., they don't think our democracy will end during their lifetime.
The Newsom administration is worried about history repeating itself enough to cite Trump’s immigration policies as an economic risk in the state budget forecasts. Key business sectors, including hospitality and construction, rely on the labor of workers ...
Ironically, he hit key points of the economic argument against mass deportation: America needs valued workers who are established in their communities ― a description of most of the people in the country illegally. Trump then surprised immigration ...
Trump received better marks than Harris or Biden on who people trusted more on immigration ahead of the election, but when asked specifically about mass deportation of immigrants in the U.S ...
Trump’s efforts to constrain immigration during his first term played out in a similar fashion; by 2019, the unemployment rate had dropped to 3.5%, its lowest level since 1969, with earnings up ...
A new poll from Gallup Friday shows a steep drop among Republicans wanting immigration levels into the U.S. decreased – falling from 88 percent in 2024 down to 48 percent in June. The same survey showed an uptick in Republicans who see immigration as having a positive effect on the U.S.