o #microsoft #walmart #usa
Trump Tariffs Trigger Corporate Layoffs, Price Hikes, Supply Shifts | Firstpost Tech & Trade | N18G
Over two months after Donald Trump’s new tariffs took effect, US and global companies are feeling the impact. Layoffs have hit major firms like Microsoft, Disney, Walmart and Citi. Dozens of companies have cut profit forecasts, while prices on goods, from groceries to electronics, are climbing. Manufacturers like Apple and MGA are shifting supply chains to India and Southeast Asia. Meanwhile, major investment plans are unfolding in the US, even as costs rise. As the trade war deepens, businesses are bracing for more disruption, and consumers are beginning to feel the pinch. Watch this video for more.