Tariffs' Impact on U.S. Hiring and Manufacturing Sector Activity
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Tariffs' Impact on U.S. Hiring and Manufacturing Sector Activity

Tariffs implemented in early April have impacted U.S. job growth, particularly in sectors heavily reliant on imports, according to research. While higher tariffs can increase input costs and pressure profit margins, potentially leading to labor cost trimming, they may also benefit domestic companies long-term, fostering increased hiring. The manufacturing sector, expected to gain from tariffs, has shown stagnant activity with declining new orders and weak employment.

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