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U.S. Jobs Data Show Trade Pressure Points in Trump’s Tariff War

  • New tariffs would hit retailers already reeling from Amazon
  • Goods-producing industries show slowdown in hiring and hours
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Megan Greene of the Harvard Kennedy School, and Subadra Rajappa of Societe Generale, examine the July jobs report. Daybreak: Americas." (Source: Bloomberg)
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The latest snapshot of U.S. employment underscored mounting risks to the economy as President Donald Trump boosts tariffs on Chinese goods, threatening already-suffering factories and stores.