The US is suffering from the consequences of its excessive tariffs: companies will lay off employees drastically as shelves run out during the consumer season
2025-04-26 09:36:32

The U.S. government's tariff policy has brought many uncertainties to the U.S. and world economies. From toothpaste manufacturers to chip giants, some large U.S. companies have recently expressed pessimism about the future prospects. Cost increases and substantial layoffs. U.S. companies are pessimistic about the prospects. According to Bloomberg News on the 25th, Colgate, a well-known toothpaste manufacturer, said that due to the U.S. tariff policy, the uncertainty and volatility of the global market will pose a challenge to the company's business, production costs will increase, and profits will decrease. At present, American consumers have begun to respond to the growing economic uncertainty, and the sales of Colgate products have begun to come under pressure. According to the U.S. Consumer News and Business Channel on the 24th, American chip giant Intel said that the United States' "unstable trade policy" has increased the possibility of economic growth slowdown and even recession. The tariff policy makes it difficult for Intel to predict its full-year performance, but "it will definitely increase costs." On the same day, Intel announced a series of measures such as layoffs and organizational restructuring. According to Bloomberg, citing sources, Intel will cut about one-fifth of its jobs, affecting about 20,000 employees.
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