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‘So Much Uncertainty’: Businesses Worry About Trump’s Many Tariff Plans

19 January 2025
in Business
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‘So Much Uncertainty’: Businesses Worry About Trump’s Many Tariff Plans
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In rural Massachusetts, For Klem’s general store faces numerous challenges each year, from the pandemic and supply chain breakdown to inflation and competition from Amazon. Owner Jessica Bettencourt fears that President-elect Donald Trump’s proposed tariffs could devastate her business, impacting pricing, profits, and consumer spending. The uncertain future of tariffs has left retailers like Bettencourt and others at a recent retail conference on edge, with concerns about increased costs, supply chain disruptions, and potential economic repercussions.

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