As Trump’s Tariffs Stoke Economic Uncertainty, the Fed Debates Its Next Steps

Chris Bergen, owner of a commercial greenhouse business in northern Minnesota, faces uncertainty due to President Trump’s trade and immigration policies, causing caution in expansion plans. The business, a major producer of flowers, is impacted by potential tariffs on peat moss and plastic pots from China. Federal Reserve is closely monitoring businesses like Bergen’s amid concerns of higher prices and slower growth, as the economy grapples with inflation and trade policy uncertainties.

Full Article