Reported about 6 hours ago
The delay of President Trump's planned tariffs on Mexico has been positively received by the manufacturing sector, according to Tim Fiore, chair of the ISM Manufacturing Business Survey Committee. He argues that tariffs can disrupt supply chains and increase costs for consumers. Fiore also warns that imposing tariffs on US goods crossing from Canada and Mexico could discourage domestic manufacturing. He raises concerns about trade imbalances and intellectual property issues with China, stating that the tariff threats are serious and not merely negotiation tactics.
Source: YAHOO