US manufacturing sector booms despite trade war fears

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The manufacturing sector added 36,000 jobs in June, the most in so far this year, even as fears grow that President Trump’s trade war with China, Europe, and other nations could undermine those gains.

The Trump administration on Friday imposed new tariffs on $34 billion worth of Chinese goods. The Office of the United States Trade Representative is considering an additional $14 billion and Trump has threatened to increase that amount by as much as $500 billion.

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