Job Growth Slows Sharply as Trump Unleashes New Tariffs

Job growth slows sharply as Trump unleashes new tariffs

The July jobs report is out, showing a downturn in hiring and less jobs added to the market than expected. This comes as President Trump unleashes new tariffs. NBC News’ Garrett Haake reports more from the White House. KPMG Chief Economist Diane Swonk and New York Times Trade and Economics Reporter Ana Swanson join Ana Cabrera to break down what this all means for the U.S. economy and global trade.

Trump's economy of tariffs and tax cuts reflected by slow job growth

It's now unmistakably President Donald Trump's economy, and after new tariff hikes on Thursday the economic data began to tell a worrisome story about job growth is slowing and inflationary pressures bubbling up.

Hiring slowed in July as Trump's tariffs fluctuated

Anna Moneymaker/Getty Images (NEW YORK) — Hiring slowed in July as President Donald Trump’s tariffs pinched the balance sheets of some major companies and reshaped the nation’s trade relationships. The reading fell short of economists’ expectations. The U.S. added 73,000 jobs in July, according to data from the U.S. Bureau of Labor Statistics, or BLS. That figured marked a slowdown from 147,000 jobs added in the previous month. The unemployment …

Hiring slowed in July as Trump’s tariffs fluctuated - Connect FM | Local News Radio | Dubois, PA

(NEW YORK) — Hiring slowed in July as President Donald Trump’s tariffs pinched the balance sheets of some major companies and reshaped the nation’s trade relationships. The reading fell short of economists’ expectations. The U.S. added 73,000 jobs in July, according to data from the U.S. Bureau […]

Hiring slowed in July as Trump’s tariffs fluctuated - Regional Media News

(NEW YORK) — Hiring slowed in July as President Donald Trump’s tariffs pinched the balance sheets of some major companies and reshaped the nation’s trade relationships. The reading fell short of economists’ expectations. The U.S. added 73,000 jobs in July, according to data from the U.S. Bureau of Labor Statistics, or BLS. That figured marked a slowdown from 147,000 jobs added in the previous month. The unemployment rate ticked up to 4.2%, keepi…