steel, tariffs, contracts

U.S. Manufacturing Contracts as Steel Tariffs Loom Large

 The U.S. manufacturing index contracted for the fourth straight month in November — just as the Trump administration resurrected steel and aluminum tariffs on Argentina and Brazil. Global trade issues, according to the Institute for Supply Management, remain the top cross-industry concern for America’s manufacturers as the year ends.  The ISM’s PMI dropped by 0.2…