PWC News
Friday, June 20, 2025
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

‘Existential crisis’: Trump has business owners in key swing state feeling ‘out of control’

Home Economy
Share on FacebookShare on Twitter



As soon as deep purple, Georgia has advanced right into a risky swing state that — like Pennsylvania, Michigan or Arizona — can go both Democrat or GOP in statewide races.

Georgia has a conservative two-term Republican governor, Brian Kemp, in addition to two Democratic U.S. senators (Jon Ossoff and the Rev. Raphael Warnock). And President Donald Trump, after shedding the Peach State to Joe Biden in 2020, gained it by roughly 2 p.c in 2024.

It stays to be seen how Georgia will have an effect on the 2026 midterms, however one concern that Georgia Democrats will doubtless be campaigning on subsequent yr is the impact of Trump’s new tariffs.

READ MORE: ‘A part of you dies a little bit’: MAGA-supporting FBI official admits he hates his job

In an article revealed on Might 31, The Guardian’s George Chidi examines the impact that tariffs are having in Georgia — the place many businessowners, in accordance with Chidi, are struggling to make selections.

“If you need a bellwether to measure the broad impression of Donald Trump’s tariffs on the economic system,” Chidi explains, “look south to Georgia. The political swing state has a $900bn economic system — someplace between the GDPs of Taiwan and Switzerland. The hospitality trade is going through an existential disaster. Wine retailers marvel aloud if they’ll survive the yr. However others, like these in industrial manufacturing, will fastidiously argue that well-positioned companies will revenue.”

Chidi provides, “Some say they’re insulated from worldwide competitors by the character of their trade. Others, just like the film trade, are merely confused by the proposals which were raised, and are searching for solely totally different solutions. To this point, it’s a combined bag…. Unpredictability is driving volatility, and volatility is toxic to companies constructed for steady markets and steady costs. “

Georgia-based wine distributor Carson Demmond, in accordance with Chidi, “put a maintain on orders after Donald Trump enacted sky-high tariffs on European items final month.”

READ MORE: ‘Made a mistake’: George Conway factors out ‘irony’ in Trump’s assault on Federalist Society

Demmond informed The Guardian, “It implies that as strategic as I’m making an attempt to be almost about timing my orders so I don’t get hit with a number of tariff payments on the identical time, I really feel like now, all of that’s out of my management. I by no means need to face a scenario the place I’ve too many orders that every one sail and land on the identical time, after which getting hit with actually massive tariff payments in a single fell swoop.”

READ MORE: Supreme Court docket at extreme drawback in coping with Trump’s ‘surprising’ habits: knowledgeable

Learn The Guardian’s full article at this hyperlink.



Source link

Tags: BusinessControlcrisisExistentialfeelingKeyownersstateswingTrump
Previous Post

Ramit Sethi Says There Are 7 Levels of Wealth — Where Do You Fall?

Next Post

Adani Group Outlines Transport Network In Rebuild Of Mumbai Slum

Related Posts

Sri Lanka welfare scheme triggers male labour force decline: IPS | EconomyNext
Economy

Sri Lanka welfare scheme triggers male labour force decline: IPS | EconomyNext

June 20, 2025
Trump says talks with Iran could happen ‘in the near future’
Economy

Trump says talks with Iran could happen ‘in the near future’

June 19, 2025
Court allows release of Nirav Modi and sister’s properties worth Rs 66 cr from ED to PNB
Economy

Court allows release of Nirav Modi and sister’s properties worth Rs 66 cr from ED to PNB

June 19, 2025
Government admits fossil fuels use is cheaper than going net zero
Economy

Government admits fossil fuels use is cheaper than going net zero

June 19, 2025
‘It doesn’t matter’: Trump aide makes stunning admission about how he’s handling key issue
Economy

‘It doesn’t matter’: Trump aide makes stunning admission about how he’s handling key issue

June 18, 2025
Trump will toss TikTok another lifeline, pushing back its sell-by date for a third time
Economy

Trump will toss TikTok another lifeline, pushing back its sell-by date for a third time

June 18, 2025
Next Post
Adani Group Outlines Transport Network In Rebuild Of Mumbai Slum

Adani Group Outlines Transport Network In Rebuild Of Mumbai Slum

Why India’s hotels enjoy highest EV per room globally

Why India’s hotels enjoy highest EV per room globally

Smart Energy Management for Nevada Homes

Smart Energy Management for Nevada Homes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

The president of the AFL-CIO says she’s committed to the fight against Trump’s immigration policies: ‘We have a very large toolbox’
Business

The president of the AFL-CIO says she’s committed to the fight against Trump’s immigration policies: ‘We have a very large toolbox’

by PWC
June 14, 2025
0

Liz Shuler is aware of she has an extended summer time forward of her. Over the previous week, the president...

EU Says Over €240 Billion Investment Needed for Nuclear Energy Plans – ESG Today

EU Says Over €240 Billion Investment Needed for Nuclear Energy Plans – ESG Today

June 14, 2025
Dalal Street Week Ahead: Technical indicators signal caution, not panic

Dalal Street Week Ahead: Technical indicators signal caution, not panic

June 14, 2025
This Mumbai-based auto driver loses Rs 8 lakh per month income after he goes viral; here’s why

This Mumbai-based auto driver loses Rs 8 lakh per month income after he goes viral; here’s why

June 13, 2025
Saylor Signals Another Bitcoin Buy—Orange Dots Strike Again – News Bytes Bitcoin News

Saylor Signals Another Bitcoin Buy—Orange Dots Strike Again – News Bytes Bitcoin News

June 15, 2025
Married? You just lost 40 points; How Canada’s immigration system is rewarding singles and punishing families

Married? You just lost 40 points; How Canada’s immigration system is rewarding singles and punishing families

June 16, 2025
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.