U.S. hiring slows; manufacturers cut hours for workers
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WASHINGTON (Reuters) - U.S. job growth slowed in July and manufacturers slashed hours for workers, which together with an escalation in trade tensions between the United States and China could give the Federal Reserve ammunition to cut interest rates again next month.The Labor Department's closely watched monthly employment report on Friday came a day after President Donald Trump announced an additional 10% tariff on $300 billion (£247.85 billion) worth of Chinese imports starting Sept. 1, a..