Trump fire leadership is the official leadership of economic data because the customs tariff causes the market to decrease star-news.press/wp

Business correspondent, in New York
US President Donald Trump, head of one of the most important economic institutions in America, launched hours of weakest jobs that led to more warning about the tariff policy.
On social media, Trump claimed – without any evidence – that Erika Minarker, Commissioner of the Labor Statistics Office (BLS), had “job figures” to make Republicans and seem bad.
American stock markets decreased after the unprecedented step by the White House, as some accused Trump of destroying the public’s confidence by politicizing data.
Senate minority leader Chuck Schumer said that the president is a “bad leader” “shoots the Messenger” for weak statistics.
The markets were actually shook on Friday after Trump moved forward with his plans to raise the tariff for the import of the United States on countries all over the world.
Then the numbers were released by BLS, which showed that employers in the United States added only 73,000 jobs in July, much less than 109,000 new roles.
She also reviewed employment growth in May and June, as she reported 250,000 jobs less than he previously thought.
Trump insisted: “The economy flourishes under” Trump “.
But Heather Long, the chief economist in the Federal Federal Credit Union, said that the functional numbers were “Gamechanger”, adding that “the labor market is deteriorating quickly” due to the uncertainty caused by Trump’s tariff.
Trump rejected concerns about his introductory plans, which he says will increase manufacturing in the United States and balance world trade.
But the data this week and a series of updates from companies on the costs of customs tariffs made these expectations more difficult to ignore them.
Regarding the SACENTarfer decision, former US Treasury Secretary, Larry Samarz, said: “The launch of a major government agency because you do not like the numbers they report, which come from investigative studies that use long procedures, is what is happening in authoritarian countries, not democracy.”
“When the leaders of other countries have established economic data, the public has destroyed all official statistics and government science,” said Friends of BLS, a group whose members include former commissioners.
McNTarfer described her time as “Honor of My Life”, while describing the agency’s work as “vital and important.”
The indicators of the stock market were all closed on Friday.
Trump attacked the main economic figures in the past, the last of which was Jerome Powell, the head of the US Federal Reserve, as the central bank continues to keep interest rates.
Trump is calling for a discount, but the Federal Reserve holds fire to see the full impact of definitions on the American economy.
In the aftermath of the job report, Trump Silvo launched an additional in Powell, saying that he should also be placed on the pastures.
A member of the Federal Reserve Prices for the Federal Reserve Prices, Adriana Cogler, is resigned, giving Trump an opportunity to install a new person.
The head of the Labor Department, who supervises BLS, wrote on social media that agency deputy delegate William Wittski will play a role while searching for an alternative.
The Ministry of Labor did not immediately respond to a request for comment.
BLS reviews job numbers every month with new data appearing, usually adds or launch ten thousand positions.
Although this month’s changes were much larger than usual, analysts said the updates were consistent with other slowdown data.
Some speculated that they could reflect great success for small companies, which are usually slower to respond to surveys and are especially vulnerable to definitions.
“The reviews are normal,” said Mr. Sweet. “They are trying to get this correctly.”
The government worked in the government for more than 20 years before nominating BLS in 2023. It was later confirmed near the US Senate.
Michael Street, Director of Economic Policy Studies at the Institute of American Institutions with right -wing tendencies, defended Mrs. Eneriser, saying that she conducted herself “with great integrity.”
“It is necessary for decision makers to understand that government statistics are not biased and higher. By doubting this, the president harms the United States,” he wrote on social media.
Gaid Kolco, an older colleague at the Peterson International Economy Institute, said the shooting sparked a serious warning.
He wrote on social media: “For six months, I said that the threats of economic data were more side effects of deliberate damage. It is no longer. The launch of the BLS head is intended for five damages to the integrity of American economic data and the entire statistical system.”
Trump defended the decision and said that her departure is necessary to ensure that there are “people we can trust” in these jobs.
“Why should anyone trust in numbers?” The president told reporters upon leaving the White House on Friday.
“I think the numbers were false, just as they were before the elections, and there were other times – until you know what you did? I launched it, and you know what you did? The right thing.”
Definitions
The battle comes on data at a time when Trump restores trade policy, hitting goods from countries around the world with a new tariff ranging from 10 % to 50 %.
When Trump developed similar plans in April, the shares in the United States fell more than 10 % a week as fears spread to the dollar and bond markets.
The stock market recovered after some of the most severe measures were suspended, leaving in a 10 % less consecutive place. In recent weeks, indexes in the United States have been circulating about high levels at all.
The latest measures are less extreme than Trump for the first time in April, but they will remain pushing the average tariff rate to approximately 17 %, an increase of less than 2.5 % at the beginning of the year.
“The truth is that Trump originated from the fact that the markets have returned directly,” Michael Jais, a wallet manager at The Free Markets ETF. “Now he will try his luck again.”
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2025-08-02 07:05:00