President Donald Trump speaks after releasing the report of the first full jobs of his second term.
chairman Donald Trump Claimed that the US is experiencing the “manufacturing boom” after the release of the first full job reports of its second term.
Labor Department reported on Friday Under the estimates of 160,000 jobs made by LSEG economists, employers added 151,000 jobs in February. However, manufacturing added 10,000 jobs in February, above an estimate of 5,000 profit from LSEG economists.
“During the previous year, the Biden administration saw the loss of more than 110,000 manufacturing jobs or more than 9,000 manufacturing jobs in the last year. During the first month in the office, we have not only stopped that manufacturing collapse, but we have started to reverse it rapidly and started getting major benefits,” said Trump. “We made 10,000 manufacturing jobs in February alone. It has not happened in a long time.”
“ISM Manufacturing Survey and S&P Manufacturing Survey have also confirmed that our administration is a president on a new domestic manufacturing boom after a major collapse under the biden.”
Trump defended some Canadian, tariff pose on Mexican imports, aimed at helping vehicle manufacturers
President Donald Trump, while addressing a joint session of the Congress on 4 March, raised his fist. (Vin Macenami/Pool/AFP Getty Image/Getty Image)
Trump said he feels that the labor market is “going to be spectacular”, but it is going for high-devotional manufacturing jobs unlike government jobs.
“We had a lot of people in the government. You can’t just do this. We had many, many, many. It is for 40 years. You know, it’s not right now. It is not yet made and it is bad and worse, and they only rent more and more people.”
Federal government’s employment declined 10,000 jobs In February, as the Department of Government Efficiency (DOGE) led by Elon Musk, began to cut.
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According to the Labor Department, the US economy added less than expected jobs in February. (Leonardo Munoz / ViewPress / Getty Images)
“Since the onset of NAFTA, 90,000 plants and factories have been closed in this country. Think about this, 90,000 plants and factories have been closed in this country. Many of them have been car manufacturing plants. And this is a terrible figure. And we will change it,” Trump continued.
“You are already going to see it. We already have many that are being built or built, and many which were being built in other countries and they stopped and they are now coming here due to tariffs. And this is a big thing. That is what you want to hear.”
Trump also said that Canada charges 250% tariffs on US dairy and wood products, and until Canada reduces that tariff, America will impose a mutual 250% tariff like goods – probably even today.
The workers transported Chrysler Minivan on 31 January at the Stalentis Windsor Assembly plant in Windsor, Ontario, Canada. Trump announced this week that the US vehicle manufacturer who follows the United States-Maxico-Canada Agreement (USMCA). (Geoff Robins / AFP Getty Image / Getty Image)
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Trump told reporters at the White House, “They will meet with the same tariff until they leave it.” We are going to charge the same thing. This is not appropriate. Never became fair. And they have treated our farmers badly. “
Fox Business’ Eric Revell contributed to this report.
