Trump’s 2025 tariffs to trigger fresh layoffs in 2026

President Donald Trump's tariffs are biting more and more into companies' bottom line. The barrage of import taxes this year put in place by the Trump administration has contributed to an uncertain business environment due to their on-again, off-again nature. Employers, as a result, are hesitant to add more workers or expand their operations. More companies instead are moving to shrink their headcount, according to the latest survey from the Institute for Supply Management released on Tuesday. That trend ...