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North Texas congresswoman says tariffs are preventing small businesses from planning for the future

  • Natalie Sherman reported from New York that US households face rising prices and potential shortages due to tariffs.
  • President Trump's announced tariffs and subsequent scaling back caused market turmoil and uncertainty for consumers.
  • The latest tariffs included a 10% tax on most imports and a 145% duty on goods from China, a key supplier.
  • Yale's Budget Lab forecasts clothing prices could soar 60%, and one person said, "You might as well buy it now."
  • Consumers are stocking up on items like sunscreen and some businesses are cancelling shipments, leading to possible shortages.
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altnews.org broke the news in on Friday, April 11, 2025.
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