The U.S. economy keeps adding jobs despite tariff uncertainty.
But can it last?
Plus what's driving President Trump's trade agenda?
It's all about maximizing Trump's political power over not just people in the United States,
not just U.S. politicians, but the global economy as well.
And President Trump says Harvard's tax exemption will be revoked.
Harvard President Alan Garber says such a move would be highly illegal and destructive.
It's Friday, May 2nd.
I'm Keir Ginnemey for The Wall Street Journal, filling in for Alex Osola.
This is the PM edition of What's News,
the top headlines and business stories that moved the world today.
Despite tariff uncertainty, employers in the U.S. added 177,000 jobs in April,
beating the expectations of economists pulled by The Wall Street Journal.
But hiring slowed slightly compared to March's pace,
in a period that saw changing tariff announcements and market turmoil.
The unemployment rate, based on a separate survey, held steady at 4.2%.
So what do these numbers tell us about the effects of Trump's trade policy?
For that, I'm joined by our chief economics commentator, Greg Ip.
Greg, what does this jobs report tell us about the economy post-Liberation Day?
It tells us that there's really been no loss of momentum in the economy,