US EditionS&P Global Canada Manufacturing June PMI Outlines Fastest Decline In Output Since The Pandemic - Manufacturing AUTOMATION
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3 Articles
S&P Global Canada Manufacturing June PMI Outlines Fastest Decline In Output Since The Pandemic - Manufacturing AUTOMATION
July 7, 2025, Canada — The S&P Global Canada Manufacturing PMI registered 45.6 in June, down from 46.1 the previous month, marking the fifth consecutive month below the 50.0 no-change mark. This drop in production level, the largest since the pandemic, is attributed primarily to tariffs put in place by President Donald Trump and the shadow of uncertainty they cast on the sector. “Canada’s manufacturing economy continued to struggle in the face o…
According to S&P, effective tariff levels have been lower than those feared. Image: Valora Analitik. Although the change in US trade policy has had little impact on the emerging market economy, S&P Global Ratings anticipates that the indirect impact on tariffs will become more noticeable in the coming quarters. Recommended: Trump will impose 25% tariffs on Japan and South Korea since August “The data so far do not fully reflect that dynamic, but…
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