U.S. manufacturing contracted for a sixth straight month in August as factories dealt with the fallout from the Trump administration's import tariffs, with some manufacturers describing the current business environment as "much worse than the Great Recession." The Institute for Supply Management (ISM) survey on Tuesday also showed some manufacturers complaining that the sweeping import duties were making it difficult to manufacture goods in the United States. President Donald Trump has defended his protectionist trade policy, which has raised the nation's average tariff rate to the highest in a century, as necessary to revive a long-declining U.S. industrial base.
Drudge Retort Headlines
Trump to Sign Unconstitutional EO to Mandate Voter ID (35 comments)
China Takes Advantage of Trump Turmoil (28 comments)
Donald Trump is a Communist (25 comments)
Court: National Guard Police Actions in California Illegal (18 comments)
Trump Called Modi to Seek Nobel Endorsement (15 comments)
9 Former CDC Directors Call RFK Jr. 'Dangerous' (14 comments)
Black Women Hit Hardest by Trump's Work Force Cuts (13 comments)
Trump Won't Follow Through on Threats to Russia (13 comments)
Crime Festers in Republican States (13 comments)
European Leader Calls Trump a 'Russian Asset' (13 comments)