There's been a lot of anecdotal evidence about how tariffs are behind the manufacturing slump. Now the Federal Reserve proves it, finding that the trade war is hurting the sector it was ostensibly supposed to help:

There's been a lot of anecdotal evidence about how tariffs are behind the manufacturing slump. Now the Federal Reserve proves it, finding that the trade war is hurting the sector it was ostensibly supposed to help: https://t.co/JdpbFtEAwO pic.twitter.com/HEKg7C82cw

— Lydia DePillis (@lydiadepillis) December 27, 2019