"Goldman Sachs estimates that the tariffs will create about 100,000 manufacturing jobs while destroying 500,000 others. In Pennsylvania, it's already starting"
by toomuchtodo
2 subcomments
> Ryan Petersen, CEO of Flexport, a global logistics firm, warned in a series of posts on X that ocean freight bookings from China are down 50 percent since Trump's tariffs hit. That could potentially wipe out as much as $1 trillion in economic activity if the tariffs remain in place for a full year, he estimated.
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