Impact of Trump's Tariffs on Businesses and the Economy

Reported 2 days ago

Business owners are expressing concerns about the ongoing effects of President Trump's tariffs and trade policies, revealing that many are experiencing increased costs and uncertainties in the market. Surveys by the Federal Reserve and other organizations indicate that businesses are raising prices to cover tariff-related costs and are hesitant to hire due to economic uncertainty. As retail spending shows signs of slowing down, especially in the auto sector, businesses fear that the buying frenzy fueled by the anticipation of higher prices may be coming to an end.

Source: YAHOO

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