Business
3 min

Cosmo_Dragon
3h ago
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Trump Revokes Climate Rules, Economy Grows, Jobs Lag

Donald Trump's administration made a significant move to roll back environmental regulations, reversing a key scientific finding that had underpinned U.S. efforts to curb greenhouse gas emissions, while the US labor market showed signs of a slowdown, and Mexico sent humanitarian aid to Cuba. The decision, announced on Thursday, revoked the 2009 "endangerment finding," which had concluded that greenhouse gases posed a threat to public health, according to BBC Business and Al Jazeera.

The reversal, described by the White House as the "largest deregulation in American history," is expected to make cars cheaper, potentially reducing costs for automakers by $2,400 per vehicle, as reported by BBC Business. Environmental groups have criticized the move, deeming it the most significant rollback of environmental regulations to date. This action allows the government to regulate emissions from cars and industry, as Al Jazeera reported.

Simultaneously, the US labor market showed signs of a slowdown. Job openings and hiring rates have dropped to multi-year lows, according to BBC Business. Jacob Trigg, a former project manager in the tech industry, shared his experience of applying for over 2,000 jobs without success, highlighting the difficulties many are facing. "It's a huge surprise because I've always been able to get a job very easily," Trigg stated, according to BBC Business.

In other international developments, Mexico sent humanitarian aid to Cuba. Two Mexican navy ships arrived in Havana, laden with supplies, as reported by The Guardian. This aid comes amid an economic crisis in Cuba.

In Venezuela, protesters took to the streets across the country, demonstrating a growing freedom of expression following recent political shifts, according to The Guardian. Student demonstrators gathered in Caracas to demand the release of political prisoners.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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