Recent reports indicate that US manufacturing is experiencing a notable decline in orders and rising inflation pressures as uncertainty surrounding new tariff policies continues. The Manufacturing PMI has settled at 50.3, reflecting stable activity amidst concerns over escalating costs and operational shocks induced by tariffs. Manufacturers are increasingly cautious, with many pausing new orders as they navigate the implications of tariffs on their operations. While the global manufacturing sector has shown expansion, the US remains on edge as price increases become more prevalent, raising concerns about potential stagflation. Overall, the manufacturing landscape is marked by cautious growth, persistent tariff anxiety, and rising input costs.