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Canadian Manufacturing Booms on US Stockpiling Ahead of Potential Tariffs
Canada's manufacturing activity surged to a near two-year high in December 2023, reaching 52.2 on the S&P Global PMI, driven by US clients' inventory build-up ahead of potential tariffs; however, supply chain issues and currency fluctuations persist.
Canadian Manufacturing Booms on US Stockpiling Ahead of Potential Tariffs
Canada's manufacturing activity surged to a near two-year high in December 2023, reaching 52.2 on the S&P Global PMI, driven by US clients' inventory build-up ahead of potential tariffs; however, supply chain issues and currency fluctuations persist.
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