From Reuters
U.S. manufacturing production rose moderately in March and could decelerate further amid President Donald Trump’s global tariffs, which have sparked a trade war with China.
Factory output increased 0.3% last month after an upwardly revised 1.0% rebound in February, the Federal Reserve said on Wednesday. Economists polled by Reuters had forecast production rising 0.3% after a previously reported 0.9% jump.
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#PresidentDonaldTrump’sglobaltariffs #tradewarwithChina