U.S. Companies Caught in the Crossfire: How Businesses Are Adjusting to Tariff Shocks
In early 2025, just months into his second term, President Donald J. Trump reignited the trade war with sweeping tariffs aimed at China, Europe, and Mexico, alongside threats of further sanctions. Citing the need to “protect American workers,” the administration implemented universal 10–25% tariffs on a range of imports—from Chinese electronics to European automobiles and […]