Trump’s Tariffs Are Starting To Kill Jobs
The Trump administration believes that high tariffs will boost the prospects of American manufacturing, but one iconic truck company is now preparing to lay off hundreds of workers—because of the tariffs.
For more than a century, the Mack Trucks plant on the outskirts of Allentown, Pennsylvania, has been churning out heavy equipment to haul stuff from place to place. It is one of the largest employers in the region, providing hundreds of the good-paying, blue-collar jobs that President Donald Trump and his allies want to promote in America.
Some of those jobs are about to disappear. Mack Trucks will lay off between 250 and 350 workers over the next few weeks, the Pennsylvania Capital-Star reports. A company spokesperson told the Capital-Star that the layoffs are due to “market uncertainty about freight rates and demand” and “the impact of tariffs.”
Of course, one of the impacts of tariffs is increased economic uncertainty and decreased demand for products like the ones Mack Trucks makes. That’s a tidy illustration of how higher tariffs
Article from Reason.com
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