Goods From Canada, Mexico Still Exposed to U.S. Tariffs, Despite Pause

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• 00:03

  Uncertainty around trade policy keeps the Fed in a holding pattern on rates,

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  plus which goods from Canada and Mexico are still exposed to US Tariffs.

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  The answer is less straightforward than it might seem.

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  What we're going to see in the next month or so is businesses scrambling to figure out,

• 00:20

  well, should they file the paperwork, should they not?

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  What is the cost around filing the paperwork versus maybe just waiting for another month and seeing

• 00:29

  if Trump's policy changes again?

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  And are egg producers engaged in foul play in setting prices?

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  The Justice Department wants to find out.

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  It's Friday, March 7th.

• 00:39

  I'm Alex Osola for the Wall Street Journal.

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  This is the PM edition of what's news,

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  the top headlines and business stories that move the world today.

• 00:48

  New data out from the Labor Department today shows that the US added 151,000 jobs in February.

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  That's slightly below the gain of 170,000 jobs economists expected to see,

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  but better than the 125,000 jobs added in January.

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  The unemployment rate, which is based on a separate survey from the jobs figures,

• 01:06

  rose to 4.1% from 4%.

• 01:09

  To give us some insight behind the numbers, I'm joined now by WSJ economics reporter Justin LeHart.

• 01:14

  Okay, Justin, what stood out to you in this jobs report?

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