The uncertainties facing businesses and consumers after Trump's tariff changes
Businesses say questions remain after US President Donald Trump announced he will impose global tariffs of 15%.
Last updated: 2026-02-23 13:15:55 ET
Businesses say questions remain after US President Donald Trump announced he will impose global tariffs of 15%.
The tariffs are just taxes on American businesses and consumers, while providing no benefit to the economy, critics of Trump's policies say.
Some companies could decide to temper price increases, but the effect would take time to materialize.
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The U.S. economy grew 2.2% in 2025, a modest slowdown from 2.4% the previous year. GDP gains were fueled by solid consumer spending and business investment.
Americans are gloomy about spending despite encouraging inflation and unemployment trends.
A report from the Commerce Department on Friday will share how much the U.S. economy grew last year. Growth has been fueled by solid consumer spending and business investment in AI.