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Tariff uncertainties keep US manufacturing sector in prolonged contraction

Published on 3 Jun 2025 3:49:20 PM

Economic activity in the U.S. manufacturing sector continued to contract in May amid uncertainties surrounding President Donald Trump's tariff policies, with the Manufacturing Purchasing Managers' Index (PMI) standing at 48.5 percent, according to data released Monday by the Institute for Supply Management (ISM).

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