Are you a business owner worried about Trump’s tariffs?
CNN
Tensions among the United States and its three biggest trading partners are injecting uncertainty into the US economy, putting American business owners in an uncomfortable wait-and-see posture. We’d like to hear from you.
Tensions among the United States and its three biggest trading partners are injecting uncertainty into the US economy, putting American business owners in an uncomfortable wait-and-see posture. We’d like to hear from you. Mexico and Canada on Monday reached a deal with President Donald Trump to pause the 25% tariffs he announced over the weekend, but only for a month. Meanwhile Trump did levy an additional 10% tariff on imported Chinese goods, and China retaliated against the US Tuesday with new taxes and tariffs. If this is the beginning of all-out trade war, it would affect plenty of US companies — many of which rely on imported goods and overseas labor to assemble parts. As a business owner, have you taken any steps to adjust? Share with us how you’re feeling about the uncertainty over trade policy.
President Donald Trump says he will impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans want — and bring those nations to the negotiating table. But it’s a risky bet that could easily backfire on American consumers and the economy.