Global Manufacturing Recession Started: Trump’s China Tariffs Made Matters Worse August 2, 2019 Off By Mish A global manufacturing recession is now a certainty. Trump just made matters worse with a new 10% tariff hike on China. Commodity Reaction to Trump’s Tariffs: Gold Up, Everything Else Down Nonfarm Jobs Expand by 164K, Unemployment Rate Remains 3.7%, Revisions Negative
