Trump’s Trade War Risks Undoing Michigan’s Hard-Earned Progress

Trump’s trade war risks undoing Michigan’s hard-earned progress

Do you miss 2024? It seems like so long ago for Michigan’s economy. Yes, the state’s economy slowed last year along with the nation. But Michigan hit some important positive milestones that threaten to be undone by President Donald Trump’s economic wrecking ball. The number of people in the state’s labor force—nearly 5.1 million—was the highest in 23 years. And the labor force participation rate—the percentage of working-age adults employed or l…

US Could Lose $31bn A Month In Overseas Equities Due To Tariffs

President Trump’s tariff war could cost the US economy around $31bn a month as foreign investors keep their money at home, according to new research by the University of Sussex and Brunel University of London.Analysis of cross border investments has found geopolitical shocks, including the first US tariffs on China back in 2018, have led to falls in overseas investments in American equities in a phenomenon dubbed the “flight home.” The research …

Trump’s tariff war is costing the US economy $31bn a month - London Business News

resident Trump’s tariff war could cost the US economy around $31bn a month as foreign investors keep their money at home, according to new research by the University of Sussex.… The post Trump’s tariff war is costing the US economy $31bn a month appeared first on London Business News