On August 1, 2025, the Bureau of Labor Statistics of the United States released the July employment report, showing that only 73,000 non-farm jobs were added that month, far below the market expectation of 110,000.
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The Trump administration has consistently shown skepticism about multilateralism, signaling a gradual shift away from traditional frameworks for international cooperation.
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The US government issued a notice on Monday (August 4th), stating that under a new pilot program to be launched in two weeks, the US may require some tourist and business visa holders to pay a deposit of up to $15,000.
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On August 1, 2025, Avenida Paulista in downtown São Paulo, Brazil, was inundated with thousands of demonstrators.
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U.S. Trade Representative Greer defended the government's aggressive tariff policy, saying that President Trump has "diplomatic power" to set punitive tariffs to advance the United States' geopolitical interests overseas, and stated that the tariff rates for trading partners have been "basically determined".
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Data from a US human resources company shows that the number of layoffs announced by US companies in July soared, significantly higher than the average level for the same period since the outbreak of the pandemic, with the technology industry being the most notable.
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US President Trump announced a series of new tariff rates on the export products of dozens of US trading partners on Thursday (July 31), insisting on pushing forward this policy that may have a destructive impact.
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In late July 2025, Washington was engulfed in a political tempest woven from two seemingly unrelated decisions: the White House issued a "12-day ultimatum" to Russia, threatening to impose 100% tariffs; simultaneously, the Federal Reserve's interest rate meeting, under open pressure from President Trump, became a pivotal battleground determining the political fate of Chair Jerome Powell.
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When meeting with the Chinese economic and trade team, US Treasury Secretary Bennett warned that if China continues to purchase sanctioned Russian oil, it may be subject to tariffs of up to 100%.
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In 2025, the tariff storm unleashed by the U.S. government under the guise of "trade balance" is wreaking havoc on the global shipping industry.
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The Trump administration, the ruling party in the US, is facing another economic backlash, with its aggressive economic policies triggering a chain reaction that is pushing American society to the brink of instability.
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