Tariffs' Long-Term Impact: Small Businesses and Economy at Risk
TL;DR Summary
President Trump warned that if the Supreme Court strikes down most tariffs imposed this year, the U.S. economy could struggle for years, emphasizing the importance of tariffs for revenue and national security, amid ongoing legal challenges to the authority under which the tariffs were imposed.
- U.S. will struggle "for years" if tariffs struck down, Trump says Axios
- I run coffee shops and bars in Chicago. Tariffs and uncertainty forced me to freeze hiring, cut jobs, and raise prices. businessinsider.com
- Small businesses are being crushed by Trump's tariffs, and economists say it's a warning for the economy CNBC
- "It's like we're operating in a hurricane with all these things flying in our faces, and we're just trying to make sure that the kitchen's open and the coffee's warm," Michael Salvatore said. LinkedIn
- Trump's tariffs bring uncertainty to Alachua County's art shop owners WUSF
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