Tariffs fuel price hikes and profit margin cuts nationwide

Wednesday, Jun 4, 2025 3:06 pm ET1min read
Tariffs are exerting upward pressure on costs and prices, prompting businesses to adopt various strategies to maintain profitability. Higher costs are expected to continue rising, with some regions anticipating significant increases. The impact of tariffs is shaping the economy, with businesses preparing for a prolonged period of adjustment.
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