12/3/2025
U.S. manufacturing contracted in November for the ninth consecutive month, according to the Institute for Supply Management (ISM) Manufacturing PMI report released on Monday, with pullbacks in new orders and supplier deliveries, as well as employment. Some manufacturing industry personnel surveyed attributed slowing business and tightening labor to the levies, even saying they’ve increased overseas production.
It's begining to look like Smoot Hawley all over again
The 1930 Smoot Hawley Tariff Act lengthened teh Depression
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