US States Sue Trump Administration Over Funding Cuts; Tariffs Burden Consumers Amid Jobless Growth Concerns - February 2026

California and three other U.S. states have filed a lawsuit against the Trump administration, challenging its plan to cut over $600 million in public health grants. The states allege the cuts are politically motivated and violate federal law. A separate new study reveals that tariffs imposed by the Trump administration in 2025 primarily burdened U.S. importers and consumers, rather than foreign exporters. Meanwhile, despite robust economic growth in the US, job seekers report facing unprecedented difficulties finding employment. This situation has led to concerns about a potential "jobless growth" era, possibly influenced by new technologies and economic shifts.

News Coverage

Friday 3:31 PMCapital Business

U.S. importers, consumers bear bulk of new tariffs in 2025: study

A new study reveals that tariffs imposed by the Trump administration in 2025 primarily burdened U.S. importers and consumers, rather than foreign exporters.

Read Story