Roughly half a year into his second stint in the White House, President Donald Trump is starting to shape portions of the U.S. job market through his policy changes, including aggressive crackdowns on immigration and reductions in the federal workforce.

The U.S. economy added 147,000 jobs in June, beating expectations and pushing the unemployment rate down to 4.1%, the lowest since February, according to new data from the Bureau of Labor Statistics (BLS).

The U.S. labor market delivered another upside surprise last month, churning out a surprisingly strong 147,000 jobs. The unemployment rate ticked down unexpectedly, too. But the headline numbers masked some weaknesses as the U.

The EU is pushing for an "agreement in principle" ahead of July 9 but, as might be expected from such a sprawling economic bloc, pleasing all parties will be difficult. Brussels is bracing for any outcome, including a return to tit-for-tat tariff escalation.

Markets generally rise over the long term, but does the political affiliation of presidents matter to your stocks? GOBankingRates asked experts to find out.

The president said the U.S. is poised to inform many trading partners of unilateral tariff rates of up to 70%, putting global investors on the defensive.