US firms say Trump trade war is hitting production as dollar nears three-year low
by Heather Stewart Economics editor from on (#6XPN4)
Manufacturing survey signals third monthly decline in output in a row amid uncertainty over tariffs
US manufacturers have warned that Donald Trump's trade war is hitting production, pushing the dollar close to a three-year low against sterling on Monday.
The greenback suffered a fresh sell-off, after the closely watched ISM survey of the manufacturing sector signalled a third monthly decline in output in a row.
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