US job growth slumps as trade tensions escalate

美国就业增长受挫,贸易紧张局势升级

Business Matters

2025-08-02

49 分钟
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单集简介 ...

The US jobs market has taken a sharp turn - 73,000 jobs were added last month, marking the weakest monthly gain since the Covid pandemic. Economists were caught off guard, and revised figures show earlier job creation was also far lower than first reported. Democrats blame President Trump’s trade policy for hurting business confidence. Meanwhile, trade tensions are rising. Trump has imposed steep new tariffs on some Canadian goods. A jury in Florida has ordered Tesla to pay more than $2,000,000 after finding the company's autopilot technology was partly to blame for a fatal crash. And we take a lighter look and head to Edinburgh, where the world's largest arts jamboree is underway.
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  • Hello, welcome to Business Matters.

  • My name's Ed Butler.

  • And in today's edition,

  • one day after Donald Trump has offered trade deals to some countries around the world and punished of many others with higher tariffs,

  • we're assessing the winners and the losers this week.

  • From Europe to Canada to East Asia.

  • What happens now as to what it.

  • Means for the global economy.

  • It will mean less efficient production,

  • it will mean higher inflation and will probably mean lower demand.

  • Also in the show,

  • Tesla is ordered to pay out hundreds of millions in compensation after a fatal accident caused by one of its autonomous vehicles.