Businesses Brace for Impact as Trump's Tariff Plans Unfold

Businesses and consumers in the U.S. are anxious about potential tariffs under Donald Trump's administration, which could lead to higher prices on imported goods. Companies are already strategizing to mitigate the impact, such as altering supply chains and accelerating shipments. Consumers are considering making big purchases now to avoid future price hikes. The uncertainty surrounding the timing and extent of these tariffs is causing widespread concern, with experts warning that even American-made products could see price increases due to the ripple effects of tariffs.