‘We’re headed in the wrong direction’: Tariffs drive up prices, hurt output: PMI

Manufacturers pulled back on production last month as the Trump administration's volatile trade policy caused consumer confusion and a drop in demand, per the Institute for Supply Management. 

May 1, 2025 - 17:42
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‘We’re headed in the wrong direction’: Tariffs drive up prices, hurt output: PMI

Manufacturers pulled back on production last month as the Trump administration's volatile trade policy caused consumer confusion and a drop in demand, per the Institute for Supply Management.