๐ข #TrumpTariffs are back in focus โ and the ripple effects are real ๐๐
๐บ๐ธ U.S. businesses are bracing as tariffs surge on steel, aluminum & Chinese imports ๐ฉ๐ฆ, with duties hitting 50%โ55% ๐ซ.
๐ Prices are rising โ from smartphones ๐ฑ to toys ๐งธ, and even bras ๐ (just ask Victoriaโs Secret ๐๐ธ).
๐ Inflation ticks up, retail discounts shrink, and importers scramble to adapt ๐๐ผ
๐ Markets wobble as uncertainty grows, even with a strong YTD rebound ๐๐
โ ๏ธ JPMorgan warns of slowing job growth and mounting pressure ๐๐