Trump’s tariffs slowing down US manufacturing, industry says

Published November 2, 2018 2:04pm ET



Growth in manufacturing slowed in October, with nonprofit industry group the Institute for Supply Management reporting Thursday that the White House’s tariffs wars with trade partners were starting to take a toll on the sector.

The institute’s Purchasing Managers Index, an indicator of the health of the sector, was at 57.7 percent, a decrease of 2.1 percentage points from the September reading of 59.8 percent.

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