Claim Check · Economy
“Deportations, not tariffs, impacted small business in the economic fallout.”
Verdict: Mostly TruePublished automatically from the cited sources below; the editor, Cory Hepler, has not yet reviewed it. Something off? Request a correction →
Commerce Secretary Howard Lutnick explicitly argued that a government shutdown and mass deportations, rather than tariffs, were responsible for the decline in small business jobs.
According to reporting from CNBC and 2paragraphs.com, Commerce Secretary Howard Lutnick responded to an ADP report showing a decline in private payrolls led by small businesses. Asked on CNBC whether tariffs were causing the economic fallout, Lutnick denied it, stating 'No, no, it's not tariffs.' Both CNBC and 2paragraphs.com note that Lutnick instead attributed the impact and suppressed job numbers to the federal government shutdown and mass deportation efforts.
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