US Chamber of Commerce Survey Finds Tariffs Weighing on More Than Multinationals
A survey of 700 middle market executives, conducted before List 4 tariffs were announced, found 40 percent say tariffs on imports are challenging their businesses, and 26 percent say retaliatory tariffs are a problem for their firms. Middle market firms…
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tend to have revenue of $10 million to $500 million and 100 to 2,000 employees. The survey, co-sponsored by the U.S. Chamber of Commerce, showed that gross revenues and profits both are growing, but capital investments are sluggish, and there's a decline in hiring expectations. More than half the respondents said they don't expect the economy to improve in the next six months.