Global Manufacturing Shows Mixed Signals as U.S. Tariffs Loom

While U.S. and Indian manufacturing sectors report growth, new tariffs by President Trump and economic challenges weigh on global factory activity.

U.S. manufacturing expanded in January for the first time in over two years, with the ISM PMI rising to 50.9, but new tariffs on Canada, Mexico, and China threaten this recovery.
India's manufacturing sector grew at its fastest pace in six months, driven by strong domestic and export demand, with the PMI reaching 57.7.
China's manufacturing activity slowed, with the Caixin PMI slipping to 50.1, as U.S. tariffs and weak demand raise concerns about the country's economic outlook.
European manufacturing showed slight stabilization, with Germany, France, and Italy seeing slower contractions, but the threat of U.S. tariffs clouds the outlook.
Several Asian economies, including Japan and South Korea, reported mixed manufacturing results, with Japan's activity declining further while South Korea saw marginal growth in output and exports.