{"id":20495,"date":"2025-02-04T19:33:30","date_gmt":"2025-02-04T19:33:30","guid":{"rendered":"https:\/\/usdailys.com\/?p=20495"},"modified":"2025-02-04T19:33:30","modified_gmt":"2025-02-04T19:33:30","slug":"trumps-tariffs-threaten-job-losses-experts-say-these-may-be-the-hardest-hit","status":"publish","type":"post","link":"https:\/\/usdailys.com\/?p=20495","title":{"rendered":"Trump&#8217;s tariffs threaten job losses, experts say. These may be the hardest hit"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">Autoworkers, farmers and alcohol distillers are among a set of U.S. workers who risk losing their\u00a0<a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" href=\"https:\/\/abcnews.go.com\/US\/solid-growth-expected-jobs-report-trump-presidency\/story?id=117507167\" target=\"_blank\" rel=\"noopener\" data-testid=\"prism-linkbase\">jobs<\/a>\u00a0as a result of potential\u00a0<a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" href=\"https:\/\/abcnews.go.com\/Politics\/trump-set-impose-tariffs-canada-mexico-china\/story?id=118306151\" target=\"_blank\" rel=\"noopener\" data-testid=\"prism-linkbase\">tariffs<\/a>\u00a0on Canada, China and Mexico, experts told ABC News.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The U.S. president was expected to sign executive orders on Tuesday putting in place the 25%\u00a0<a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" href=\"https:\/\/abcnews.go.com\/Politics\/trump-hell-slap-tariffs-canada-china-mexico-day\/story?id=116218301\" target=\"_blank\" rel=\"noopener\" data-testid=\"prism-linkbase\">tariffs on goods<\/a>\u00a0from Mexico and Canada and 10% tariffs on those from China, according to the White House.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Trump announced on Monday that the proposed tariffs on most goods from Canada and all products from Mexico would be\u00a0<a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" href=\"https:\/\/abcnews.go.com\/Politics\/trump-discuss-tariffs-canadian-mexican-leaders-mexico-readies\/story?id=118390520\" target=\"_blank\" rel=\"noopener\" data-testid=\"prism-linkbase\">paused<\/a>\u00a0for one month, putting the policies on schedule to take effect in early March. The postponements came following conversations Trump had with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau. Trump said Monday afternoon he plans to talk to China in the next day or two about tariffs on that country.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Some U.S. shoppers and economists have raised alarm about the potential for tariff-driven\u00a0<a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" href=\"https:\/\/abcnews.go.com\/Business\/prices-climb-days-trump-slaps-tariffs-canada-mexico\/story?id=118214584\" target=\"_blank\" rel=\"noopener\" data-testid=\"prism-linkbase\">price increases<\/a>, since importers typically pass along a share of the cost of the higher taxes to consumers.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">A lesser-known effect of the potential tariffs, however, could arise as some retailers struggle to sell imported goods at competitive prices while manufacturers reckon with higher costs of raw materials such as car parts and lumber, experts said. Sales could wobble, they added, leading directly to job cuts.<\/p>\n<div class=\" \" data-testid=\"article-conditional-render\">\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY VvTxJ iulOd NIuqO zzscu lzDCc aHUBM hbvnu OjMNy eQqcx SVqKB GQmdz jaoD iShaE ONJdw vrZxD OnRTz gbbfF roDbV kRoBe oMlSS gfNzt oJhud eXZcf zhVlX \">\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Potential retaliatory tariffs slapped on U.S. exports could prove another cause of layoffs, the experts said, since U.S. firms dependent on selling products overseas risk weakened performance.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;It&#8217;s like Trump took a grenade and threw it into the economy, and he walked away to see what happens,&#8221; Rob Handfield, professor of operations and supply chain management at North Carolina State University, told ABC News.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Trump administration did not immediately respond to ABC News&#8217; request for comment.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In a series of social media posts over the weekend, Trump said the tariffs target Canada, Mexico and China for hosting the manufacture and transport of illicit drugs that end up in the United States. In a\u00a0<a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/113934450227067577\" target=\"_blank\" rel=\"noopener\" data-testid=\"prism-linkbase\">Truth Social<\/a>\u00a0post on Sunday, Trump urged the three countries to address his concerns, while acknowledging the tariffs may cause some financial hardship within the U.S.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!). BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID,&#8221; Trump wrote.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In recent days, some trade associations and labor unions voiced warnings about tariff-related job losses.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Jay Timmons, president and CEO of the National Association of Manufacturers, said small- and medium-sized firms in the sector employing millions of Americans risk &#8220;significant disruptions&#8221; as a result of potentially high energy prices and costly supply chain workarounds.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;Manufacturers will bear the brunt of these tariffs,&#8221; Timmons said, adding that the policies would put &#8220;American jobs at risk.&#8221;<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Distilled Spirits Council, a trade association representing alcohol makers across North America, cautioned that tariffs would harm business in all three countries. &#8220;Maintaining fair and reciprocal duty-free access for all distilled spirits is crucial for supporting jobs and shared growth,&#8221; the group said.<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\"><img decoding=\"async\" class=\"hsDdd vBqtr KrDt itslR zFTjo hakZw HlUVI \" draggable=\"false\" src=\"https:\/\/i.abcnewsfe.com\/a\/ada978af-1e40-4c89-8813-f3208fec2d78\/workers-car-plant-gty-lv-250203_1738619141395_hpEmbed_3x2.jpg?w=992\" data-testid=\"prism-image\" \/><figcaption>\n<div class=\"nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur \" data-testid=\"prism-caption\">\n<div class=\"HXPPJ barbu yKsXL IzgMt VcHIt uhSzI YGNMU cRAsZ xqMcl QtRul \"><span class=\"hsDdd OOSI GpQCA lZur VlFaz \" data-testid=\"prism-truncate\"><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ \">Worker assemble parts for wheels during production of a Volvo AB S60 sedan at the Volvo Cars USA plant in Ridgeville, S.C., June 20, 2018.<\/span><\/span><\/div>\n<div class=\"qinlA IpWvx oqZz tylGM lyWxS nWcVF UhTug PPcLh \"><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh \">Logan Cyrus\/Bloomberg via Getty Images<\/span><\/div>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The risks for U.S. workers are perhaps best demonstrated by the auto industry, which employs about 4 million people, experts said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">U.S. automakers hold deep ties to Canada and Mexico, since products often snake back and forth between the countries before a car reaches full assembly, Christopher Conlon, a professor of economics at New York University who studies trade, told ABC News.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Mexico and Canada make up the top two U.S. trading partners for both finished motor vehicles and car parts, according to a\u00a0<a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" href=\"https:\/\/www.cato.org\/blog\/seven-charts-show-how-us-tariffs-would-harm-american-auto-industry\" target=\"_blank\" rel=\"noopener\" data-testid=\"prism-linkbase\">Cato Institute<\/a>\u00a0analysis of data from the U.S. International Trade Commission.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;The supply chains involve shipping parts back and forth over the border five times, six times, seven times. If every time a part crosses the Canadian border it gets taxed at 25%, that will add up really quickly,&#8221; Conlon said, noting the added costs could hike car prices by as much as $10,000 and, in turn, weaken sales.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;The companies will have to scale back production, and that will mean fewer shifts,&#8221; Conlon added.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The production slowdown may lead to job cuts at companies indirectly impacted by the tariffs, such as car dealerships and auto-part sellers, experts said. More than 550,000 workers at car dealerships representing international brands risk losing their jobs if the industry falters due to the tariffs, the American International Automobile Dealers Association told ABC News in a statement.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">To be sure, employment may grow in some domestic industries protected by the tariffs, such as the steel and energy sectors, some experts said. Even those businesses, however, may contend with challenges if the tariffs limit consumer demand, they added.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Potential job gains in some sectors would not outweigh the losses in others, Jason Miller, a professor of supply chain management at Michigan State University, told ABC News.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;It&#8217;s very difficult to see a net positive of this in terms of employment for the U.S.,&#8221; Miller said.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; Autoworkers, farmers and alcohol distillers are among a set of U.S. workers who risk losing their\u00a0jobs\u00a0as a result of potential\u00a0tariffs\u00a0on Canada, China and Mexico, experts told ABC News. &hellip; <\/p>\n","protected":false},"author":2,"featured_media":20496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/usdailys.com\/index.php?rest_route=\/wp\/v2\/posts\/20495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usdailys.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usdailys.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usdailys.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/usdailys.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20495"}],"version-history":[{"count":1,"href":"https:\/\/usdailys.com\/index.php?rest_route=\/wp\/v2\/posts\/20495\/revisions"}],"predecessor-version":[{"id":20497,"href":"https:\/\/usdailys.com\/index.php?rest_route=\/wp\/v2\/posts\/20495\/revisions\/20497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usdailys.com\/index.php?rest_route=\/wp\/v2\/media\/20496"}],"wp:attachment":[{"href":"https:\/\/usdailys.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usdailys.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usdailys.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}