U.S. business activity picked up in March, but growing fears over import tariffs and deep government spending cuts continued to weigh on sentiment and prospects for the rest of the year. The survey from S&P Global on Monday also showed a measure of prices paid by businesses for inputs surging this month to the highest level in nearly two years, with increases in both manufacturing and services industries. President Donald Trump has imposed a raft of tariffs on imported goods since returning to the White House, with some duties delayed until next month.Read More
US business activity rises in March, but sentiment deteriorates further
