US manufacturing contracts for third straight month

President Donald Trump’s trade war with China and conflicts with other trading partners have created uncertainty for manufacturers. They have delayed purchases and investments because they don’t know whether or when Trump will lift taxes on imports and which countries he might target next.

But the uncertainty over trade has kept manufacturers from prospering despite a relatively healthy economy and Trump’s 2017 tax cuts. “Overall, this should be a time when manufacturers are hiring people and making investments,” Eideberg said. “And they’re just not doing it.”

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