*By Michael Teich* Wall Street applauded a better-than-expected June jobs report, sending the Dow Industrials Index nearly 100 points higher Friday. Despite those numbers, though, the U.S. economy is still grappling with growing trade tensions with China and Europe. The Trump administration's tariffs officially went into effect early Friday morning as the U.S. followed through on its threat to impose taxes on $34 billion of Chinese imports. China promptly responded with a similarly seized tariffs on U.S. goods, including pork, soybeans, and electric vehicles. If trade wars accelerate, "the downside risks outweigh the upside risks," said Mark Hamrick, Senior Economic Analyst, Bankrate.com. "The trade disputes are having impacts that are real in the economy right now." The U.S. added 213,000 jobs in June, topping the forecast of 195,000. It was the 93rd consecutive month of job growth. The unemployment rate, however, rose to 4 percent as more people returned to the job market searching for work. For the full segment, [click here.](https://cheddar.com/videos/u-s-job-growth-beats-expectations)

Share:
More In Politics
Why Democrats Losing Hispanic Voters
Chuck Rocha, host of 'Nuestro' podcast and opinion contributor at The New York Times, joins Cheddar News to discuss why Democrats are losing Hispanic voters.
Return-to-Office Mandates Might Be Hurting the Middle Class
More businesses are requiring workers to return to the office, but there is concern that many employees in the middle class, especially women and people of color, need remote work options for reasons including childcare and financial security. Joan Williams, director of the Center for WorkLife Law at the University of California, joined Cheddar to discuss why office mandates could be detrimental to the middle class. She noted that while companies claim a return to offices would help foster more collaboration and efficiency, reports show that they are successfully able to do their jobs from home.
California Governor Explores Texas-Like Law to Ban Assault Weapons
The U.S. Supreme Court ruled to allow the controversial Texas abortion law to remain in effect, banning abortion at six weeks and allowing any private citizen to sue a person or doctor aiding or abetting someone seeking an abortion. Outraged at this decision, California Governor Gavin Newsom is working to draft a proposal in line with the law as it relates to guns. Shawn Hubler, California correspondent at the New York Times, joins Cheddar News to discuss.
Getting Into the Vaccine Mandate Debate as Google Implements Its Own
Even as tech giant Google implements a vaccination mandate, charging its employees to declare their vaccine status within a time frame or risk dismissal, the federal government is tangled up in the court system trying to impose one of its own. Cindy Cohn, the executive director of the Electronic Frontier Foundation, and Harry Nelson, founder and managing partner of Nelson Hardiman LLP, joined Cheddar to debate the ethics, efficacy, and legality surrounding the issue. While Cohn noted that she thinks the federal mandate might be legally sound, her organization is also concerned with a separate question of privacy. "At EFF what we're most interested in is the digital surveillance that's going along with some of these attempts to try to track and confirm whether people are vaccinated or not," she said.
Load More