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US may lose up to 150,000 jobs from trade tension: Economist
in News

By lexmanlexman 48 Pts
Article -
https://www.cnbc.com/2018/03/07/us-may-lose-up-to-150000-jobs-from-trade-tension-economist.html


The United States may lose up to 150,000 jobs if trade partners retaliate with a "proportional response" to President Trump's proposed tariffs, according to Moody's Analytics Chief Economist Mark Zandi.If partners refrain from responding, possible US job losses would be fewer in the 50,000 to 60,000 range.
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  • The tariffs have to be put in place due to the US having a very large trade deficit to other countries.
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