Economists Warn Tariffs May Affect Jobs

Tariffs won't bring manufacturing jobs back to America, Wells Fargo analysts say

Wells Fargo says in a report that President Donald Trump's tariffs won't bring manufacturing back.Carlos Barria/REUTERSWells Fargo said in a report that President Donald Trump's tariffs won't bring manufacturing back.High labor costs and a lack of workers would make building more factories an "uphill battle."US manufacturing needs $2.9 trillion in investment to reach 1979 employment levels.President Donald Trump's push to revive American manufac…

Tariffs Haven’t Yet Triggered Inflation, and Economists Are at Odds as to What’s Next

Many economists have forecast that President Donald Trump’s imposition of tariffs would, by driving up the cost of imports, revive inflation. The most recent data, however, indicate that the rate of price increases has remained subdued thus far. Some analysts see the rate of inflation reported in April, which was the lowest since February 2021, as the calm before the storm, arguing that it will take time for supply-chain disruptions to work thei…

Economists warn tariffs may affect jobs

Uncertainty is in the air, but it might be June at the earliest before we see the results of the new tariffs, say leading economists. According to the latest Employment Situation Summary, issued by the U.S. Bureau of Labor Statistics on May 2nd, for total nonfarm payroll employment, 177,00 jobs were added in April. This…

Trump's tariffs won't lead to a resurgence of U.S. manufacturing jobs, Wells Fargo analysis says

"A meaningful increase in factory jobs does not appear likely in the foreseeable future, in our view," Wells Fargo said.

Despite Trump's massive tariff hikes, US inflation data remains low, sparking divergence in academic opinion on the future trend. Some experts warn that supply chain shocks have yet to materialize, while other economists believe that the root cause of inflation lies in money supply and budget deficits.

How can tourism and jobs be protected from the uncertainty generated by tariffs and exchange rates?

QCOSTARICA — After seven consecutive months of reducing negative numbers, the tourism sector recorded a 4% increase in the number of visitors in April compared to the same period a year ago However, entrepreneurs in this sector of the economy are far from declaring victory. Between January and April of this year alone, Costa Rica received 1,181,000 tourists, mostly from North America, while in the same period in 2024, there were 1,209,000; that …