#tradewar Trump Tariffs: China’s Manufacturing Activity Drops Sharply in April Amid Trade War | China’s manufacturing sector is reeling under pressure. Thanks to President Trump’s trade policies. The country’s factory activity contracted sharply in April

#tradewar 
Trump Tariffs: China’s Manufacturing Activity Drops Sharply in April Amid Trade War |
China’s manufacturing sector is reeling under pressure. Thanks to President Trump’s trade policies. The country’s factory activity contracted sharply in April, with the official Purchasing Managers’ Index (PMI) falling to 49.0 from 50.5 — its lowest level in 16 months. This comes after the US slapped 145% tariffs on Chinese imports under President Trump’s latest trade move. Export activity has reportedly dropped significantly, with some estimates suggesting cargo shipments are down by as much 60%.