Trump undermines jobs data as White House defends firing of BLS chief

Trump undermines jobs data as White House defends firing of BLS chief

U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images President Donald Trump and one of his top economic advisors stoked baseless conspiracies about federal jobs data Monday, suggesting without evidence that Friday’s weaker-than-expected jobs report…

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Vietnam reciprocal tariffs reflect trade deficit and ties to China

Vietnam reciprocal tariffs reflect trade deficit and ties to China

The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam.  Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank…

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