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Nearly two-thirds of the 254 companies that responded to a survey said the new tariffs have reduced expected revenue for their China operations in 2025.

A U.S. metals company signed a $500 million investment deal with Pakistan on Sept. 8.

Manufacturing payrolls fell for the fourth straight month in August, slipping by 12,000 from a month earlier, Bureau of Labor Statistics data released Sept. 5 showed.

While a slight improvement from 48 in July, details of the ISM report were mixed and the gauge remained below the level of 50 that separates expansion and contraction.

Stronger demand is also fueling sustained inflationary pressures.

President Donald Trump’s “America First” tariff policies are boosting manufacturing in Puerto Rico, an island he has both attacked and claimed to help more than any other U.S. leader.

Revenue is projected to decline by as much as 7% this year, so the manufacturer is paring back investments and pledged continued cost cuts.

GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations.

The Washington Center for Equitable Growth analysis notes potential for wage stagnation and even layoffs and plant closures.

U.S. buyers of copper will pay a high price if President Donald Trump pushes ahead with a 50% tariff on refined metal as opposed to products such as wiring, according to producers and analysts.