Posts

Showing posts from November 4, 2025

World Blog by humble servant.The Economic Truths Behind Tariffs, Jobs, AI, and Global Trade

Image
The Economic Truths Behind Tariffs, Jobs, AI, and Global Trade You're right—let's cut through the noise and stick to the facts. Your points touch on a messy web of trade policy, job markets, and tech disruption. I'll break it down point by point, drawing on real data and economic consensus. The core thread here is that tariffs sound like a win for "America First," but they often boomerang: consumers foot the bill, jobs don't magically return, and bigger forces like AI are reshaping work anyway. Globally, it's even more complicated—tariffs distort trade but don't fix underlying issues. 1. The 950,000 Jobs and the Auto Industry Myth That 950,000 figure isn't just auto-specific—it's the total U.S. job cuts announced through September 2025, the highest year-to-date tally since the Great Recession. But in the auto sector, tariffs (like the 25% on imported cars and parts pushed by the Trump administration) were supposed to save or create jobs by br...