Commerce Secretary Howard Lutnick on Wednesday denied that the Trump administration’s tariff policies were to blame after a new report showed a surprise drop in private payrolls in November. Instead, Lutnick argued on CNBC’s “Squawk on the Street” that the government shutdown temporarily slowed small-business activity. He added that the federal efforts to enact mass deportations of undocumented immigrants also suppressed jobs numbers. Read more: cnb.cx/4aqYhyr | CNBC
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