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Economic Preview: Mighty U.S. jobs market buoys economy amid China trade war, Mexico tariff threat

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Truckers crossing the border between the U.S. and Mexico could have their hands full with customs officials if the Trump White House slaps tariffs on all Mexican imports.

Three cheers for the strongest U.S. jobs market in decades: It’s the best hope for the U.S. to ride out one trade war with China and another conflict potentially looming with Mexico.

If these were normal times, Wall Street would be gearing up this week for the latest snapshot on hiring. The U.S. is expected to add a solid 175,000 new jobs in May, keeping the unemployment rate at a 50-year low of 3.6%, according to a MarketWatch survey of economists.

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