Employment pressure and policy differences coexist, Trump's tariffs may become a new battleground
U.S. employment data for February shows that the number of unemployed in 14 states has exceeded job vacancies, indicating an increasingly tight job market, especially in California, where there are 150 unemployed individuals for every 100 positions available. Meanwhile, Trump's new round of tariffs has sparked widespread opposition, with California Governor Newsom announcing plans to file a lawsuit, accusing the policy of driving up prices, impacting the local economy, and questioning its legality. Trump has invoked the International Emergency Economic Powers Act to bypass Congress in imposing tariffs, leading to legal disputes. U.S. companies are also joining the lawsuit, as the economy and politics once again enter a game of contention.
