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Global Factory Activity: Tariff Announcements Pressure US Manufacturers as Price Increases Loom

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With global tensions high over trade issues, politics and tariffs, manufacturing has faced challenging times in the first quarter of the year. Looking at the monthly Global Manufacturing Purchasing Managers’ Index (PMI) for key sourcing countries, the U.S. has hit on a high growth period, though looming cost increases that could come from newly levied…

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