“This reflects the direct effects of the tariffs on manufacturing, transportation and distribution, and ag-related businesses, which are steadily losing jobs, as well as the indirect uncertainty hit to hiring by most other businesses,” he explained. “Thus, the fastest way to boost the job market would be for the Supreme Court to declare the reciprocal tariffs unlawful and for lawmakers to let them become a thing of the past.” The administration has also leveraged the IEEPA tariffs to secure trade deals with the European Union, Japan, South Korea and others.
Author: Jason Ma
Published at: 2026-01-11 20:57:47
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