Is American Religious Liberty In Peril? REVIEW W melissamccarthy THE WALL STREE S T JOURNALJ WEEKEND WSJ. MAGAZINE * * * * * * * SATURDAY/SUNDAY, JULY 27 - 28, 2019 ~ VOL. CCLXXIV NO. 23 WSJ.com HHHH $5.00 What’s Wary Businesses Slow U.S. Growth amid trade tensions and cool- decline for the first time since Mexican imports. spending, which accounts for Economy expands at News ing global activity. early 2016. Nonresidential Joe Baiz, president of Phoe- more than two-thirds of the 2.1% clip as consumer Gross domestic product, a fixed investment—which re- nix-based plastic-injection- economy, rose at an inflation- broad measure of goods and flects spending on software, mold manufacturer 4front adjusted annualized rate of spending makes up for World-Wide services produced across the research and development, Manufacturing, said business 4.3% in the second quarter, up corporate pullback economy, rose at a 2.1% annual equipment and structures—fell “slowed a little bit in the sec- from its first-quarter pace of rate in the second quarter, ad- at a 0.6% rate, compared with ond quarter” as worries over 1.1% and marking the strongest BY HARRIET TORRY justed for seasonality and in- a 4.4% rise in the first quarter. trade policy generated “a lot reading since late 2017. Thepresidentwontwo victories on his border flation, the Commerce Depart- One factor that generated of fear of the unknown.” “The simple proposition is agenda, with the Supreme WASHINGTON—The U.S. ment said Friday. That is down uncertainty for businesses in Trade itself was a drag on that the trade war made man- Court allowing the use of economy slowed but still grew sharply from a 3.1% pace in the second quarter was the in- growth, as exports fell at a ufacturing weaker and the tax military funds to expand at a solid clip in the second the first quarter. ternational trade situation, as 5.2% rate while imports rose cut made consumer spending the barrier on the Mexican quarter as strong consumer Businesses took a more the Trump administration in- slightly, expanding the trade Please turn to page A2 border while Guatemala spending offset a drop in busi- cautious approach in the sec- creased levies on Chinese deficit. agreed to serve as gate- ness investment, keeping the ond quarter, causing a key goods and threatened, but Shoppers picked up the Heard on the Street: Case for keeper for asylum seekers decadelong expansion on track gauge of their investment to didn’t implement, tariffs on slack, however. Consumer two rate cuts weakens...... B14 trying to get to the U.S. A1 Trump ramped up his at- tacks on China and the World Trade Organization ahead President of a new round of U.S.-China trade talks in Shanghai. A4 The president promised Scores Two to take “substantial recipro- cal action” against France after Macron signed into law Victories a tax on U.S. tech giants. A4 Trump and advisers dis- cussed a proposal to inter- On Border vene in currency markets to weaken the dollar but de- President Trump won two cided against it for now. A2 victories on his border agenda The IRS has begun warn- Friday, with the Supreme Court ing more than 10,000 cryp- allowing the use of military tocurrency holders that they funds to expand the barrier on may have broken tax laws. A1 By Jess Bravin, Iran test-fired a medium- Louise Radnofsky range ballistic missile this and Andrew Restuccia week, U.S. officials said. A6 House Democrats left the Mexican border while Gua- Washington after a tumul- temala agreed to serve as gate- tuous summer session. A3 keeper for asylum seekers try- ing to get to the U.S. Federal prosecutors In a 5-4 decision, the jus- have subpoenaed Epstein’s tices of the U.S. high court said longtime personal pilots. A3 President Trump can shift Hong Kong protests about $2.5 billion in military spread to the city’s airport funds to construct an addi- ahead of another weekend tional 100 miles of wall at the of planned unrest. A6 U.S.-Mexico border in an effort to seal off the U.S. from illegal

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