US job growth slumps as trade tensions escalate
America posts its weakest job growth since the pandemic. Democrats cite trade damage, as Trump hikes tariffs on Canada and Asia reacts to a confusing new deal.
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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Business Matters
Global business news, with live guests and contributions from Asia and the USA.