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The economic impact of the tariffs imposed by the Trump administration will soon become apparent to everyday Americans and ...
Global shipping is slowing a month after President Donald Trump’s “Liberation Day” escalation of the trade war. Georgia companies, workers and consumers could soon feel it.
Apollo Global Management has a grim warning for the trucking industry: a recession is coming and its bringing mass layoffs.
New data shows companies created 177,000 jobs in April, but the impact of tariffs is expected to hit in May and could send ...
It also estimates that domestic freight activity will hit a major slowdown by mid-May, with major layoffs to follow in order ...
There could be "empty shelves in U.S. stores in a few weeks and Covid-like shortages for consumers and for firms," given a ...
"It is quite evident that the impact of the trade war has caused many shippers to pause, or outright cancel, shipments," says ...
The ripple effects of Trump's tariffs could lead to "empty shelves" by the end of May, Apollo's Torsten Slok said.
Apollo Global Management forecasts a severe U.S. recession triggered by recent tariffs, which will lead to widespread layoffs in the trucking and retail sectors amid rising economic uncertainty.
The economic impact of the tariffs imposed by the Trump administration will soon become apparent to everyday Americans and lead to a recession this summer, according to Apollo Global Management.