US Businesses Squeezed by Tariffs, Fuel, Rates — SkimNews
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- American business owners are barely getting by as tariffs, soaring fuel costs, and higher interest rates simultaneously squeeze companies, with one outlet quoting owners calling it a "crisis even bigger than Covid" (CNN, CNBC).
- US businesses face unprecedented supply pressures while economists debate whether high energy prices are a permanent feature of the economy going forward (WSJ).
Why it matters: With three major outlets independently converging on the same diagnosis, the simultaneous hit from tariffs, fuel, and rates suggests a broad-based margin squeeze across US businesses — and the Covid comparison signals owner sentiment has deteriorated to a level rarely invoked.
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