US media: Tariffs are causing pain for American businesses, and the job market is losing momentum.

New data shows that the Trump administration's tariff policy is beginning to cause pain for American businesses, and the U.S. job market is losing momentum. The Washington Post reported that for many Americans, the Trump administration's tariff policy seemed to be cost-free. This is because it takes time for the ripple effects to spread throughout the entire economy. However, this week, the illusion of no cost from tariffs is starting to dissipate, as new data suggests that American businesses are beginning to feel the pain. "Businesses are facing a double squeeze," said economist Laura Rosner-Warburton from the forecasting company "Macropolicy Perspectives," "On one hand, tariffs are leading to rising costs, and on the other hand, consumer demand is weakening." Warburton also stated, "We are hearing from businesses that they have 'paused hiring'." The New York Times reported on the 16th that there are signs that the U.S. job market is losing momentum. The report pointed out that job market data shows that it is taking longer for unemployed individuals to find new jobs, and most businesses are adopting a conservative approach to hiring due to uncertainties surrounding policies on tariffs, immigration, and other issues.