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VANCE TOWN HALL : Families , Farmers , and Small Businesses Are Shouldering The Cost Of Trump And Vance Reckless Tariffs

According to a DNC statement, tariffs from Donald Trump and JD Vance have raised costs for families, farmers and small businesses, with consumers and businesses having absorbed 96% of the costs of the initial tariffs and Americans paying an additional $4,700 since the two took office. The smallest U.S. businesses have lost jobs for five straight months and are down more than 70,000 jobs so far this year. The September jobs report showed just 29,000 jobs added, July and August employment revised down by 60,000, and unemployment rising to 4.2%, while wage growth hit a five-year low. U.S. job openings also fell by 256,000 in August, with big drops in construction and manufacturing.

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