Reported 1 day ago
Experts are highlighting that US tariffs negatively influence both businesses and consumers. The tariffs, initially implemented to protect jobs in the US, are raising production costs for manufacturers and hurting small businesses reliant on imports. Entrepreneur Sarah Wells shared how her company, which relies on Asian suppliers for materials, is struggling with increased costs linked to these tariffs. Discussions during a recent webinar emphasized the need to consider the adverse effects on the wider economy beyond just manufacturing jobs.
Source: YAHOO