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Strong US jobs growth but tariff chaos looms

The Straits Times

|

April 05, 2025

The US economy added far more jobs than expected in March, but US President Donald Trump's sweeping import tariffs could test the labour market's resilience in the months ahead amid sagging business confidence and a stock market sell-off.

Strong US jobs growth but tariff chaos looms

Rattling global financial markets. Economists estimated that Mr. Trump's sweeping import duties had boosted the nation's effective tariff rate to the highest level in more than a century. They warned of snarled supply chains and high prices, culminating in layoffs as spending by both households and consumers retreats.

FLERE HISTORIER FRA The Straits Times

The Straits Times

The Straits Times

MAIA WELCOMES MAIDEN KOREAN GROUP WIN ABOARD MUNHAK BOY

Ex-Kranji-based Brazilian hoop lands the Kookje Shinmun Cup

time to read

3 mins

October 28, 2025

The Straits Times

Chinese H-6K bombers fly near Taiwan ahead of Trump-Xi meet

A group of Chinese H-6K bombers recently flew near Taiwan to practise “confrontation drills”, Chinese state media reported late on Oct 26, publicising the action just a few days before the US and Chinese presidents are due to meet in South Korea.

time to read

2 mins

October 28, 2025

The Straits Times

The Straits Times

Pentagon frets over Kathryn Bigelow’s nuclear doomsday film

The plot of A House Of Dynamite, the new thriller from Oscar-winning American director Kathryn Bigelow, hinges on US missile defences failing to knock down a nuclear-tipped intercontinental ballistic missile (ICBM) headed for Chicago.

time to read

3 mins

October 28, 2025

The Straits Times

The Straits Times

Kohli, 36, fights an age-old battle: Talent v time

This is an old story. A story about talent, longevity and defiance. A story about how, for all the shining confidence of champions, time humbles them all. A story which starts by clarifying an untruth.

time to read

3 mins

October 28, 2025

The Straits Times

'MASSIVE WIN' MOST VALUABLE FOR ARTETA

Gunners overcome difficulty of beating Palace while on a tough stretch of games

time to read

3 mins

October 28, 2025

The Straits Times

IT'S ONE WEEKEND AT A TIME: NORRIS

Relaxed Briton to focus on himself as he leads by 1 pt from Piastri, with 4 races left

time to read

3 mins

October 28, 2025

The Straits Times

The Straits Times

The 'sleeper issue' at the heart of Trump's trade war

How his govt decides the origin of goods could blow up laboriously negotiated deals

time to read

4 mins

October 28, 2025

The Straits Times

Anti-scam probe • S’pore firm sanctioned

Khoon Group, a Singapore investment holdings firm, has been sanctioned by the US Treasury’s Office of Foreign Assets Control over its links to Cambodian national Chen Zhi.

time to read

1 min

October 28, 2025

The Straits Times

Not another work e-mail with exclamation marks!

It turns out there is less to worry about than you might think.

time to read

3 mins

October 28, 2025

The Straits Times

Sweeping 4 golds is 'incredibly special' for Kai

With a four-title sweep at the FlySpot Polish Open of Indoor Skydiving, Singaporean teenager Kai Minejima-Lee emerged as the most successful athlete of the Oct 23-25 event in Katowice.

time to read

2 mins

October 28, 2025

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