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Crushed by Costs
Trump Doubles Down as Legal Fights and Global Tensions Mount
Finance Megaphone
June 01, 2025
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At Finance Megaphone, we bring you the latest and most relevant updates from the world of finance. Whether it's market trends, breaking news, or insights from industry experts, we’ve got you covered. Stay informed, stay ahead, and make smarter financial decisions with the news that matters most.
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Tariff Turmoil Puts Small Businesses on the Brink Amid Trump's Trade Chaos
Tariffs Here to Stay: Trump Doubles Down as Legal Fights and Global Tensions Mount
Crushed by Costs: How Inflation, Interest Rates & Tariffs Are Squeezing the American Consumer
Tariff Turmoil Puts Small Businesses on the Brink Amid Trump's Trade Chaos
Small businesses across the U.S. are reeling from the unpredictable swings of former President Trump’s shifting tariff policies, which have created a chaotic and costly trade environment. From sudden levies to last-minute exemptions and court rulings, entrepreneurs are struggling to plan ahead, facing supply chain disruptions, reduced staff hours, and declining sales. Some, like Ohio-based EarthQuaker Devices and Manley Labs, report serious setbacks, including halted product development and layoffs. While a few companies are attempting to adapt by diversifying sourcing or shifting markets, others, especially in medical devices, have no easy alternatives. With legal battles ongoing and policy changes coming without warning, many small business owners say they feel abandoned by their own government—and fear for their survival.
Tariffs Here to Stay: Trump Doubles Down as Legal Fights and Global Tensions Mount
Tariffs are “not going away,” says Commerce Secretary Howard Lutnick, as Trump’s aggressive trade policies face legal challenges and global pushback. A federal appeals court recently reinstated Trump’s sweeping tariffs after a brief block, while the administration braces for the expiration of a 90-day pause on new duties. Trump has threatened steep levies—like a 50% tariff on EU goods and doubled steel tariffs—aiming to protect U.S. industries and leverage trade deals. Talks with China have stalled, sparking accusations of deal violations and retaliation, including restrictions on rare earth minerals. Major companies like Walmart, Ford, and Procter & Gamble warn of rising prices, while officials insist the tariffs are essential for economic and national security.
Crushed by Costs: How Inflation, Interest Rates & Tariffs Are Squeezing the American Consumer
American consumers are increasingly strained by the combined pressure of high inflation, rising interest rates, and renewed Trump-era tariffs, all contributing to plummeting financial confidence. Many are falling behind on debts—auto loan and credit card delinquencies are at 14-year highs—while student loan borrowers face credit score damage and wage garnishment as pandemic-era relief fades. With basic expenses like groceries now being financed through “Buy Now, Pay Later” services, household budgets are showing signs of serious distress. Consumer sentiment has fallen nearly 30% since January, raising fears that decreased spending and investment could slow the economy further.
some our tweets
Little Finance news recup 1/06/2025
-Trump’s tariffs hit small businesses hard
-Consumers buckle under debt and inflation
-Tariffs fuel economic uncertainty and slowdownFinance news for free (link in bio)
— Finance Megaphone (@Financemeg_news)
8:56 PM • Jun 1, 2025
That’s a wrap for this edition of Finance Megaphone.
We hope the insights and updates we’ve shared help you stay informed and ready to take on the market. Remember, knowledge is power, and we’re here to keep you in the know every step of the way. Be sure to check back next edition for more timely news, expert analysis, and the latest trends in the financial world.
Until then, keep investing smart and stay ahead of the curve!