But virtually “nothing is 100% made in the U.S.A. anymore,” says Adam Hersh, senior economist at the pro-union Economic Policy Institute. “About 45% of the content of U.S.A. goods is from imports.” About half, 52%, of what Americans purchased in 2023 was “made in America,” according to the U.S. Department of Commerce.
Job losses will far outweigh gains, experts agree.
CNBC
April 14, 2025
Tope Folarin is the executive director of the Institute for Policy Studies. Repairers and IPS, along with the Economic Policy Institute, recently released the report, The High Moral Stakes of the Policy Battles Raging in Washington.
Newsweek
April 14, 2025
But could a provision for striking employees be beneficial?
According to the Economic Policy Institute, it would be good for companies and employees alike.
Considering extended strikes are rare (most ending within two days) and workers wouldn’t receive pay until they’ve been striking for two weeks, benefits would rarely be paid.
It could benefit low-wage workers most, because they usually have more riding on their monthly paycheck. If they are able to strike longer and pull their employer to the table without risking their housing or food security, that may help get companies to the table for negotiations.
Walla Walla Union Bulletin
April 14, 2025
Florida isn’t an aberration. The Economic Policy Institute think-tank says 31 US states introduced bills to weaken child labour protections between 2021 and 2024. “It’s much bigger than Florida,” Nina Mast, a policy analyst at the EPI, told me. She thought the bills were a “co-ordinated effort” led by business industry groups with the aim of offsetting pressure to raise wages in the context of tight labour markets and the possible mass deportation of immigrants. But while the trend isn’t limited to Florida, a number of US states including Colorado and Illinois are moving in the opposite direction to strengthen child labour protections and increase penalties for employers that breach them.
Financial Times
April 14, 2025
- The March jobs report was surprisingly strong given everything going on. Economic Policy Institute senior economist Elise Gould offered her insights here
The Valley Labor Report
April 14, 2025
BG: What’s going to happen to the cost of clothing?
Adam Hersh: A number of countries where we get a lot of consumer goods from, particularly … footwear and apparel, and lower-end consumer goods from Southeast Asia, they are getting hit with the highest tariffs. They also are some of the poorest countries: Vietnam, Cambodia, Laos are singled out for some of the highest tariff rates.
The Boston Globe
April 14, 2025
A 2018 report from the Economic Policy Institute (EPI) found that the U.S. trade deficit with China, between 2001 and 2017, eliminated American jobs in all 50 states and in every single congressional district across the country — a loss of 3.4 million American jobs.
Breitbart
April 14, 2025
According to an estimate by the non-profit Coalition for Prosperous America, the U.S. lost over 3 million jobs to China since 2001 and during that time, its trade deficit ballooned. A report from the Economic Policy Institute says that this has hurt certain groups, such as Black and Hispanic communities in the U.S., more than others.
Inside EVs
April 14, 2025
A White House press release published five days ago stated that the Trump tariffs during his first term had very little inflationary impact: “According to the Economic Policy Institute, the tariffs implemented by President Trump during his first term “clearly show[ed] no correlation with inflation” and had only a fleeting effect on overall prices.”
Vermont Daily Chronicle
April 14, 2025
Investors are eyeing how susceptible companies are to tariff impacts, including what they import and export and potential constraints on consumers, said Adam Hersh, senior economist at the Economic Policy Institute.
Minnesota Star Tribune
April 14, 2025