Manufacturers Can’t Avoid Consumer Slowdown: Industrial Strength

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The loudest alarm bells on President Donald Trump’s tariff war are coming from the consumer side of the economy — for now.

Much remains unknown about the ultimate impact of tariffs but major manufacturers are largely taking the upheaval in stride, with companies touting still-strong demand and vowing to offset the added costs with modest supply-chain tweaks and price increases. Those that cut their full-year outlook, such as fuel-pump maker Dover Corp., primarily did so to reflect a more cautious stance on the overall economy in the wake of tariffs, not ...