As the U.S. braces for increasing tariffs proposed by Trump, experts are weighing in on the potential effects on the economy, global supply chains, and consumers. While some argue that these tariffs could help American companies by encouraging domestic production, others foresee significant price hikes on various products, particularly those dominated by Chinese supply chains. A recent survey indicates that many businesses anticipate layoffs and inflated prices in the wake of these tariffs. Concerns are mounting about how these trade policies may disrupt holiday shopping and impact small businesses. Retailers are urged to prepare for possible inventory challenges as foreign firms scramble for stability amid tariff uncertainty. The ongoing tariff discussions evoke questions about not just economic consequences, but also the broader implications for international trade relationships and U.S. competitiveness.