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The Guardian // World // Europe

I was secretary of labor. Trump’s bizarre tariff scheme won’t revive American jobs | Robert Reich

Tuesday 13th May 2025, 2:00PM

Manufacturing and coalmining aren’t the way to make America great again. Here’s what would actually restore good-paying jobsOn Sunday night, the US announced that it was cutting tariffs on Chinese imports from 145% to 30%, for 90 days, and the Chinese are dropping tariffs on US goods from 125% to 10%, also for 90 days.The stock market soared on the news. (Anyone with inside knowledge of the deal could have made a killing.) Continue reading...

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