search
Sections List
American Journal News

Trump brags about manufacturing even though he's killing jobs

Trump’s trade war with China has led to huge job losses, according to the Federal Reserve.

By Dan Desai Martin - February 04, 2020
Share
Donald Trump

Donald Trump made several false claims about the manufacturing sector during Tuesday’s State of the Union address, ignoring the fact that the manufacturing industry has been hurt by his trade war with China.

“We are restoring our nation’s manufacturing might, even though predictions were that this could never be done,” Trump said, in prepared remarks. “After losing 60,000 factories under the previous two administrations, America has now gained 12,000 new factories under my administration.”

Michigan, North Carolina, Pennsylvania, and Wisconsin alone in fact lost 27,000 manufacturing jobs from January through September 2019, primarily because of Trump’s trade war with China.

According to the Federal Reserve’s Divisions of Research & Statistics, the months-long tariff spat has been “a drag on employment and have failed to increase output.”

In 2019, new orders received by American manufacturers also dropped to a 10-year low and export sales “tanked to the lowest level since August 2009,” according to CNBC.

“This is a classic example of Trump’s broken promises,” David Bergstein, the DNC’s battleground state communications director, said in August. “On issue after issue, he’s broken his promises to the American people. Under his leadership, Americans are seeing increased health care costs, job losses, and [Trump] is only looking out for his wealthy and well-connected friends.”

Despite Trump’s insistence that his policies will instead prompt job growth and fuel the economy, several banks have warned that the trade war will likely hamper job prospects for months to come. Bank of America, Morgan Stanley, Goldman Sachs, and UBS have all said the decision to impose a 25% import tax on all goods from China could even force the country into a deep recession.

Published with permission of The American Independent Foundation.


AJ News
Get the latest news here first.

Tai News

Newsletter
Read More
AJ News
Latest
Republican David McCormick invests millions in website that platforms Holocaust denial

Republican David McCormick invests millions in website that platforms Holocaust denial

By Jesse Valentine - February 09, 2024
Lawmakers will again take up bills expanding, tightening gun laws

Lawmakers will again take up bills expanding, tightening gun laws

By Annmarie Timmins, New Hampshire Bulletin - January 31, 2024
UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

UAW delivers rousing presidential endorsement for Biden over ‘scab’ Trump

By Ashley Murray, States Newsroom - January 24, 2024
Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

Republicans Sam Brown and Jeff Gunter sling mud in Nevada senate primary

By Jesse Valentine - January 17, 2024
A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

A Young Texas Woman Almost Died Due To The Texas Abortion Bans – Now She’s Battling To Save Other Women

By Bonnie Fuller - January 10, 2024
Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

Health care legislation preview: Maryland advocates want to focus on access, patients in 2024 session

By Danielle J. Brown, Maryland Matters - January 08, 2024
How GOP senate hopefuls try to excuse the  January 6 insurrection

How GOP senate hopefuls try to excuse the  January 6 insurrection

By Jesse Valentine - January 05, 2024
NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

NH lawmakers will be taking up major voting bills this year. Here are some to watch for.

By Ethan DeWitt, New Hampshire Bulletin - January 04, 2024
Republican US Senate candidates want to make Trump’s tax cuts permanent 

Republican US Senate candidates want to make Trump’s tax cuts permanent 

By Jesse Valentine - December 22, 2023
Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

Rand Paul went all in on the Kentucky governor’s race. It didn’t work.

By - December 15, 2023
Texas governor and attorney general do little to curb state’s chemical plant crisis

Texas governor and attorney general do little to curb state’s chemical plant crisis

By Jesse Valentine - December 08, 2023
Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

Likely GOP Senate candidate Eric Hovde proposed tax hike for poorer workers and retirees

By Jesse Valentine - December 07, 2023
Whitmer signs specific criminal penalties for assaulting health care workers into law

Whitmer signs specific criminal penalties for assaulting health care workers into law

By Anna Liz Nichols, Michigan Advance - December 06, 2023
105 Republicans voted to expel Santos for things Trump has also done

105 Republicans voted to expel Santos for things Trump has also done

By Jesse Valentine - December 05, 2023
For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

For Texas Sen. Ted Cruz, another Trump term is another chance to kill Obamacare

By Jesse Valentine - December 04, 2023
Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

Florida Sen. Rick Scott backs Donald Trump in revived push to repeal Obamacare

By Jesse Valentine - November 30, 2023
Tate Reeves took donations from power company that hiked customer rates

Tate Reeves took donations from power company that hiked customer rates

By Jesse Valentine - November 06, 2023
Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

Daniel Cameron ran on depoliticizing the Kentucky AG’s office. He made it more political.

By Jesse Valentine - November 03, 2023
Republican operatives sound every alarm on current trajectory of 2023 governor’s race

Republican operatives sound every alarm on current trajectory of 2023 governor’s race

By Adam Ganucheau, Mississippi Today - October 24, 2023
Key takeaways from Monday’s U.S. Senate Ohio Republican primary debate

Key takeaways from Monday’s U.S. Senate Ohio Republican primary debate

By Nick Evans, Ohio Capital Journal - February 20, 2024
Human, financial costs of gun violence are growing dramatically, health care group says

Human, financial costs of gun violence are growing dramatically, health care group says

By Marty Schladen, Ohio Capital Journal - February 20, 2024
Mark Robinson gun raffle raises campaign finance questions

Mark Robinson gun raffle raises campaign finance questions

By Jesse Valentine - February 16, 2024
Abortion care and transgender health care are ‘parallel struggles’ in 2024 legislation

Abortion care and transgender health care are ‘parallel struggles’ in 2024 legislation

By Danielle J. Brown, Maryland Matters - February 16, 2024
Ohio Democrats introduce education bills for universal school meals, teacher pay raises

Ohio Democrats introduce education bills for universal school meals, teacher pay raises

By Susan Tebben, Ohio Capital Journal - February 15, 2024
Democrats dominate in getting bills to become laws, with leadership snagging the most wins

Democrats dominate in getting bills to become laws, with leadership snagging the most wins

By Dana DiFilippo, New Jersey Monitor - February 15, 2024