Tariffs not main driver of job numbers, says Commerce Sec. Lutnick

U.S. Labor Market Discussion

U.S. Commerce Secretary Howard Lutnick addressed the labor market on CNBC’s “Squawk on the Street.” He emphasized that tariffs are not the primary cause of job numbers, focusing instead on broader economic factors affecting employment rates.

Tariff Negotiations Insights

Lutnick provided insights into ongoing tariff negotiations, clarifying their impact on the economy. He noted that while tariffs play a role, they are not the main driver behind current job trends in the U.S. labor market.