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'A major hype cycle.' Stocks climb despite Trump tariffs squeezing U.S. businesses, consumers
MSNBCยท 2025-08-29 04:33
It is time for money power politics and tonight tariffs are putting the squeeze on businesses and consumers alike. Much like his first term, US farmers are taking a big hit in Trump's tariff war thanks to soaring fertilizer prices eating away their profits. US shoppers are also facing an a wave of order cancellations as the countries around the world are cancelling Americanbound shipments.Do you know why. Tariffs. These are just a few of the many warning signs that the economic road ahead could be bumpy.But ...