U.S. manufacturing continues to shrink.

A new report out Tuesday showed the industrial manufacturing sector contracted in August for the sixth consecutive month.

The report comes as President Donald Trump's new tariffs ripple through the global economy.

"The manufacturing sector is very acutely exposed to the direct and indirect effects of tariffs," said economist Noah Yosif.

In the new report, one executive at a company that makes computer and electronic products said "Tariffs continue to wreak havoc on planning and scheduling activities."

"We're in a situation of radical uncertainty," said Mario Cordero, the CEO of the Port of Long Beach.

He told Scripps News Group earlier this summer that he worried about higher prices for consumers.

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