White House: Trade policy a contributor to manufacturing slowdown

Uncertainty spurred by Trump administration trade policies was one of the factors behind what the White House calls a global manufacturing slowdown, according to the latest “Economic Report of the President.” The 441-page annual report to Congress , released on Thursday, was compiled by the White House Council of Economic Advisers. U.S. economic output “has accelerated over the past 3 years relative to the preceding 7½ years, with output growth rising from 2.2 to 2.5 percent at a compound annual...