04/02/2025  US manufacturing rebounds, tariffs could derail tentative recovery

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U.S. manufacturing grew for the first time in more than two years in January, but recovery was likely to be short-lived after President Donald Trump imposed tariffs on goods from Canada, Mexico and China at the weekend, which will potentially further raise raw material prices and snarl supply chains.
The survey from the Institute for Supply Management (ISM) on Monday, which was conducted before the escalation in trade tensions, showed raw material inventories at factories were already declining last month, sending prices rising for the fourth straight month.

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