*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)
A federal judge has declared the DACA immigration program illegal but will allow the policy to continue for existing recipients.
A judge in former President Donald Trump's Georgia election case rejected the prosecution's request to try all of the co-defendants together.
Florida Gov. and presidential candidate Ron DeSantis said he does not support criminal penalties for women who get abortions.
Hunter Biden has sued a former Trump White House aide over his alleged role in publishing emails and personal photos online.
A federal judge has declared the DACA immigration program illegal but will allow the policy to continue for existing recipients.
A federal judge has declared illegal a revised version of a federal policy that prevents the deportation of hundreds of thousands of immigrants brought to the U.S. as children.
U.S. Rep. Mary Peltola’s husband has died in an airplane crash, her office said in a statement Wednesday.
A request by Mark Meadows for an emergency stay on a ruling that sent his Georgia election interference case back to state court has been denied.
Top tech leaders are meeting with Senators on Capitol Hill Wednesday about artificial intelligence.
A Russian court is set to hear an appeal against the decision to extend the arrest of a reporter with The Wall Street Journal.
