Trump's tariffs threat is dividing business owners across the country

Businesses are divided over Trump's plan to impose sweeping tariffs. Some companies welcome the protection from foreign competition, while others worry about rising costs and retaliation.

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Dec 15, 2024 - 09:00
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Trump's tariffs threat is dividing business owners across the country
Peter Elitzer, who runs a chain of discount clothing stores called Label Shopper, worries that tariffs will force him to raise prices, turning off already skittish shoppers.

Businesses are divided over Trump's plan to impose sweeping tariffs. Some companies welcome the protection from foreign competition, while others worry about rising costs and retaliation.

(Image credit: courtesy Peter Elitzer)

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