Trump’s tariffs and policies are putting America’s economy at risk: Consumer Technology Association CEO

Quick Summary:

Higher tariffs are already creating "cost shocks” for businesses, which for many will be passed on to consumers.

In a recent survey from Wells Fargo, two-thirds of Americans said they’re cutting back on spending and almost half reported putting life plans on hold.

President Ronald Reagan’s vision of a “shining city on the hill” has shifted to Trump’s vision of America as an isolated castle with an iron curtain, despite the hit to the pocketbooks of millions of Americans.

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Article Details

Author / Journalist: Gary Shapiro

Category: EconomyBusiness

Markets: United States

Topics: Business Commentary Donald Trump Tariffs and trade Inflation Finance Economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 16:40:53 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 719 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 180 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27176885

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 61 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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