US EditionKevin O’Leary on Trump’s BLS firing: ‘Don’t shoot the messenger’
UNITED STATES, AUG 1 – Kevin O'Leary argues tariffs on imports counteract foreign value-added taxes of 13-15%, framing them as a fair economic response to protect American businesses.
- Donald Trump dismissed Dr. Erika McEntarfer, the head of the Bureau of Labor Statistics, following the release of weaker-than-expected job growth figures.
- The firing followed lackluster July job numbers showing only 73,000 new positions added, well below the 100,000 Dow Jones estimate.
- Trump accused McEntarfer of manipulating data to benefit Kamala Harris near the 2024 election, sparking concerns about politicizing federal economic reporting.
- The Dow Jones lost 542 points , the S&P 500 fell 1.6%, and the Nasdaq dropped 2.2% amid the firing announcement and tariffs rollout.
- Kevin O'Leary condemned the dismissal, emphasizing that targeting statisticians is illogical and warning against punishing those who present inconvenient information, as it threatens the independence of data.
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Kevin O’Leary on Trump’s BLS firing: ‘Don’t shoot the messenger’
·Washington, United States
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Kevin O’Leary Defends Trump’s Tariff Policy, Calls It Common Sense
NEW YORK CITY (VINnews)-Investor Kevin O’Leary says critics of Trump’s tariff policy are missing the point. In a recent post, O’Leary explained that countries like Italy, Canada, England, and others slap a 13–15% VAT (value-added tax) on American products—essentially a consumer tax that rarely gets refunded. Trump’s solution? Impose a reciprocal tariff on foreign products […]
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Total News Sources3
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
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100% Center
C 100%
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