Economic Preview: Trump, trade wars, inflation: Wall Street on edge ahead of February jobs report

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More Americans working and a low unemployment rate are good for the economy, but they make Wall Street worry. Here’s why.

Investors were already edgy before President Trump stunned Washington with a decision to impose stiff tariffs on foreign steel. The U.S. employment report for February could add to frayed nerves.

There’s not much bad to say about the labor market, mind you. The 4.1% unemployment rate is the lowest in 17 years, for instance, and the number of people getting laid off each week is at a nearly 50-year bottom. These are the hallmarks of the strongest U.S. economy in years.

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