The editorial board of the Wall Street Journal took President Donald Trump to task over the latest jobs report, saying his interference in markets and trade policy is damaging the economy and he needs to butt out.
Noting a meager 75,000 jobs created, the editorial gets right to the point: “President Trump understandably talks up the job creation on his watch, so he should heed Friday’s Labor report that showed a sharp pullback in hiring. The labor-market warning reinforces other evidence that the uncertainty caused by scattershot tariffs is now hurting employment as well as investment.”
With Trump threatening tariffs on a whim over unrelated economic issues, the editors went to so far as to explain to the president the success former President Barack Obama had in creating jobs while pointedly stating under Trump, “The jobs trend this year is going in the wrong direction.”
The WSJ editorial specifically targeted Trump’s trade wars.
“The uncertainty from the risk of a multi-front trade war is sinking in. A month ago the Trump Administration was close to an agreement with China before talks collapsed and the President slapped 25% tariffs on $200 billion in goods. Then out of the blue last week Mr. Trump announced escalating tariffs on Mexico as punishment for unspecified derelictions on immigration,” they wrote.
Tariffs have already slammed farm exports and income, but the effects of trade uncertainty are rippling out. Farm equipment and chemical manufacturers have reported lower orders. Businesses are delaying investment decisions. Global trade flows are slowing, and commodity prices are down,” they continued, before warning darkly, “The May jobs report is a flashing yellow light that Mr. Trump needs to settle his trade wars and get back to promoting growth.”
You can read more here (subscription required).
WATCH: Pete Buttigieg surges to first place in ‘gold standard’ poll of Iowa caucuses
South Bend Mayor Pete Buttigieg surged in a poll of Iowa released Saturday night.
The poll, by Des Moines Register, CNN and Mediacom, showed major movement in the race.
"Since September, Buttigieg has risen 16 percentage points among Iowa’s likely Democratic caucusgoers, with 25% now saying he is their first choice for president. For the first time in the Register’s Iowa Poll, he bests rivals Joe Biden, Bernie Sanders and Elizabeth Warren, who are now clustered in competition for second place and about 10 percentage points behind the South Bend, Indiana, mayor," the newspaper reported.
More female Republicans will lose in 2020 as ‘misogynist’ Trump wages a ‘war on women’: Ex-GOP candidate
President Donald Trump's actions will harm female Republicans at the ballot box in 2020, according to a former GOP counsel for the House Oversight Committee.
Sophia Nelson, who ran for Congress as a Republican, made her argument in The Daily Beast.
"Donald Trump has attacked so many women in so many ways for their looks, their age, or their position it can be hard to keep track," Nelson wrote. "But the president took his attacks on strong, accomplished and independent women even further in his attacks on his own U.S. ambassador, Marie Yovanovitch, telling Ukrainian President Volodymyr Zelensky that 'the former ambassador from the United States, the woman, was bad news.' That was in the now infamous phone call that led to the impeachment hearings that began this week, and Friday, in the middle of Yovanovitch’s testimony there, he tweeted that 'everywhere Marie Yovanovitch went turned bad.'”