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US manufacturing sees job losses despite Trump’s revival hopes

Summary by City AM
US manufacturing suffered 1,000 job losses in April in a blow to President Trump’s hopes to drive up employment in the sector.  Trump’s ‘Liberation Day’ tariffs set out to cut the country’s goods deficit as he looked to protectionist measures to revive the country’s stuttering manufacturing sector.  But new data showed no immediate improvement to the sector after tariffs were slapped on the likes of China and Canada. The US Bureau of Labor Stati…
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City AM broke the news in London, United Kingdom on Friday, May 2, 2025.
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