The Wall Street Journal has issued a cautious warning to supporters of Donald Trump who are enthusiastic about his recent tariffs on imports from other countries. In an op-ed titled “The Trump Economy Stumbles,” the newspaper’s conservative-leaning board expressed concerns about the excessive optimism in “MAGA land.”
However, the editorial urged caution, noting that recent reports on jobs and the economy indicate that the much-anticipated new golden age may not materialize as quickly as hoped. The board highlighted slow hiring, a stagnant U.S. manufacturing sector, and a decrease in the foreign-born workforce as potential warning signs.
While the exact impact of Trump’s fluctuating tariff policies remains uncertain, the board suggested that the resulting uncertainty is contributing to economic challenges. The editorial recommended that Trump either halt his trade war or clearly communicate his intentions regarding future tariffs.