by dankeelan | Jul 22, 2025 | Tariffs, U.S. Economy
On July 22, Federal Reserve Chair Jerome Powell responded to questions on Trump tariffs, calling it ‘uncertain,’ noting that possible developments could significantly alter many aspects of the upcoming economic outlook. He reiterated that interest rate...
by dankeelan | Jun 24, 2025 | Europe, Jobs, Tariffs
Ireland plans to use its budget cushion to pump money into infrastructure to protect competitiveness as global trade turmoil and tariffs threaten thousands of jobs in the multinational hub. The small, open economy has a strong fiscal position for now, with a huge...
by dankeelan | Jun 10, 2025 | Jobs, Tariffs, U.S. Economy
U.S. job growth slowed in May amid uncertainty about the Trump administration’s import tariffs, but solid wage growth should keep the economic expansion on track and potentially allow the Federal Reserve to delay resuming its interest rate cuts. The ebbing labor...
by dankeelan | Jun 3, 2025 | Jobs, Tariffs
Michigan-based auto parts suppliers are getting creative in their attempts to mitigate President Donald Trump’s 25% tariffs on imported vehicles and auto parts. They must, because many industry experts worry the tariffs could put smaller players — which...
by dankeelan | May 20, 2025 | Jobs, Michigan, Tariffs
State officials agreed May 16 to revise downward state revenue projections by $456 million over the next two years, largely due to President Donald Trump’s tariff policies, which one forecaster said will cost Michigan 13,000 jobs from the auto sector alone....
by dankeelan | Apr 29, 2025 | Featured, Jobs, Tariffs, U.S. Economy
The fallout from U.S. President Donald Trump’s trade war reverberated further through the corporate world on Tuesday, as delivery giant UPS said it would cut 20,000 jobs to lower costs, while General Motors pulled its outlook and pushed its investor call to...
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