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11:18Now PlayingWhile the April jobs report beat expectations, there is still a lot of concern over the impact of President Trump’s tariffs. China says it is “evaluating” a tariff proposal with the U.S. Meanwhile, the White House budget is calling for $163 billion in federal cuts. NBC News White House Correspondent Yamiche Alcindor, CNBC Senior Economics Reporter Steve Liesman, Axios Economics Reporter Courtenay Brown and Reuters White House Correspondent Jeff Mason join Alex Witt to break it all down.
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