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‘Tariff Bingo Is tough.’ Texas Manufacturers Sweat Trump’s Tariffs, High Interest Rates

Seventy percent of Texas manufacturers report negative effects from tariffs, with many passing increased costs to customers amid Federal Reserve's interest rate hold.

Summary by KIFI
By Matt Egan, CNN New York (CNN) — Texas manufacturers continue to express frustration over the Trump administration’s volatile tariff playbook and the impact of high borrowing costs. “Tariff Bingo is tough,” one furniture manufacturer told the Federal Reserve Bank of Dallas in a survey released Monday. “We are probably going out of business within 90 days.” A transportation equipment maker warned the trucking industry “remains depressed” as the…

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‘Tariff Bingo is tough.’ Texas manufacturers sweat Trump’s tariffs, high interest rates

Texas manufacturers continue to express frustration over the Trump administration’s volatile tariff playbook and the impact of high borrowing costs.

·Atlanta, United States
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  • 78% of the sources are Center
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CNN broke the news in Atlanta, United States on Monday, August 25, 2025.
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