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U.S. manufacturing growth slumps to 9-year low in May as China trade tensions heat up

Jeffry Bartash
U.S. manufacturing growth slumps to 9-year low in May as China trade tensions heat up

Faced with less demand from customers and a flareup in U.S.-China trade tensions, American businesses grew in May at the slowest pace since before President Trump was elected, a pair of new surveys shows.