The latest jobs report by the US Department of Labor (DOL) has raised concerns among Republicans, particularly President Trump, who claims the economy is strong and poised for significant growth. However, some in the GOP argue that Trump’s trade regime is creating economic headwinds, as the report indicates a weakened economy. Sen. Rand Paul (R-Ky.) believes that there is a lag between tariffs and actual economic downturn, as companies usually sign contracts to set import prices months in advance, which can delay the impact of tariffs. This has led to a jittery reaction from Republicans.
Trump’s tariffs have sparked concerns among the Republican Party.
