For some small companies, the final week introduced much more twists and turns to the previous two months of President Donald Trump’s chaotic tariffs. The scenario was already complicated, with stops and begins of tariffs at totally different ranges. Then on Wednesday, a US court docket stated Trump overstepped his authority in imposing most of these import levies – just for an appeals court docket on Thursday to pause the earlier court docket’s ruling. The confusion has made it difficult for some small firms to plan, enterprise homeowners informed CNN. “My concern is, if this continues, there’s going to be just like the mass extinction of small companies,” Julie Robbins, CEO of Ohio-based guitar pedal maker EarthQuaker Gadgets, informed CNN’s Phil Mattingly. Mattingly additionally spoke to grocery CEO Stew Leonard about tariffs on worldwide produce. #CNN #Information
