
SMEs Struggle as US Tariffs Drive Up Costs and Cut Shipments
New survey reveals US tariffs have driven costs up 20%+ for nearly half of SMEs, slashed shipments, and may push hundreds of thousands into poverty.
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New survey reveals US tariffs have driven costs up 20%+ for nearly half of SMEs, slashed shipments, and may push hundreds of thousands into poverty.
U.S. tariff hikes could push up to 875,000 more Americans below the poverty line by raising prices and eroding real incomes, deepening the uneven toll of trade policy.
Zambian think tank leader Sydney Mwamba warns US tariffs threaten industrial growth and jobs across Africa, potentially slowing the continent’s economic momentum.
President Trump’s new tariff policy targets countries from Afghanistan to Zimbabwe, sparking relief, anxiety and confusion as global markets adjust to evolving trade rules.
Yale Budget Lab finds U.S. tariffs at 18.3%, highest since 1934, cutting GDP growth and hiking consumer costs by $2,400.
President Trump’s executive order introduces 10-41% tariffs on major U.S. partners starting August 7, reshaping global trade. Deals with the Chinese mainland and Mexico are pending.
The EU proposes €72 billion ($84 billion) in U.S. imports to target if Washington insists on 30% tariffs. A deal must be struck by August 1 to avoid escalation.
Economic uncertainty from Trump’s trade war could slow U.S. ad spending just as broadcasters and streaming platforms roll out new TV and digital offerings.
US doubles steel and aluminum tariffs, driving up vehicle and appliance costs, and prompting Mexico, Canada and the EU to plan countermeasures.
U.S. tariffs spurred a record trade deficit and pushed GDP into negative territory in Q1 as consumer sentiment tumbled, highlighting potential market shockwaves.