He can try to blame the Fed, but the tariff blunder is his alone.
Markets continued to tumble on Friday, but hey, not to worry, at least the March jobs numbers were good. That’s the view from the White House, where press secretary Karoline Leavitt crowed Friday that “the economy is starting to roar” and “the President’s push to onshore jobs here in the United States is working.”
Ms. Leavitt needs to please her boss, but yikes. Someone should tell her the March jobs estimate was made before Mr. Trump’s tariff barrage. Markets for their part are making a bet on the future. The 228,000 job gain did beat expectations, but the manufacturing jobs boom still hasn’t arrived, with only 1,000 net new jobs in the month.
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