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Fears of a trade war rekindled

We ended the week with a strong jobs report. But what about wage growth?

Work gloves are viewed on the factory floor at Quadrant, a high-end plastic processor, in Reading, Pennsylvania, in 2011.
Work gloves are viewed on the factory floor at Quadrant, a high-end plastic processor, in Reading, Pennsylvania, in 2011.
Spencer Platt/Getty Images

What a week. We started with Italy and fears of another European debt crisis. We segued quickly into fears of a trade war. And we ended the week with a boffo jobs report. The unemployment rate has fallen to 3.8 percent, but impressive numbers aside, what’s going on with sluggish wage growth? It’s not keeping up with household expenditures. Then, we discuss trade war fears that have been stoked this week. And will tariffs eat away at the benefits from the tax cuts? We break it all down with Nela Richardson from Redfin and David Gura from MSNBC. 

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