The manufacturing sector showed strong hiring through November in the jobs report released Friday, suggesting that the Trump administration’s tariffs are not having a strong negative effect on the economy, at least not so far.

The administration’s tariffs have increased the prices of the key raw materials of steel and aluminum, putting a squeeze on many companies, but the strength of the economy, with unemployment at a very low 3.7 percent overall, appears to have mitigated those effects.

Recommended Stories

White House tariffs target vehicles, metals, health products from China

Manufacturing has struggled since ‘Liberation Day’

Head of manufacturing trade group warns about costs of sweeping tariffs