Washington, June 2, 2025 (AFP) - US manufacturing contracts again despite some tariff easing

NAMPA / AFP

2025-06-02

US manufacturing remained in contraction territory in May for the third month in a row, according to survey data published Monday, as uncertainty over President Donald Trump's tariff plans continued. Since returning to office in January, Trump has hit most countries with a baseline tariff of 10 percent, threatened dozens of trading partners with higher duties, and slapped sector-specific levies on steel, aluminum and autos not made in the United......

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