Tariff back and forth causing stress for business owners
ATLANTA, Ga. (Atlanta News First) – U.S. stocks dropped again Thursday as reality set back in on Wall Street, following Wednesday’s soaring numbers at the news of the pause on tariffs.In speaking with business owners, the universal message heard from business owners in the last few days is that the uncertainty is what’s causing them a lot of stress. Many are just hoping it’s all worth it in the long run.Less than 24 hours after tariffs on almost 90 countries went into effect, President Donald Trump ordered a 90-day pause. His cabinet is set to meet on Thursday to discuss the next steps.“The pause was based on good faith conversations. I was on the call with the President of Switzerland that was incredibly congenial,” Director of the National Economic Council Kevin Hassett said.The EU announced Thursday morning that they are now pausing retaliatory tariffs on U.S. goods. Something that has some business owners here in Atlanta breathing a little sigh of relief“As far as grains and aluminums for the cans, that is where we think Atlantucky would be affected the most. You know, it’s just, we’re not alone. We realize we’re all here dealing with changes, and we just hope all of these changes are for the better in the long run,” Atlantucky Brewery owner Melvin Adams said.China’s tariffs are here to stay for now. China is retaliating with their tariff on U.S. goods up to 84%, but President Trump hit back, hiking tariffs on Chinese goods to 125%.When asked if he’s waiting on China’s President to blink, here’s what he said.“Look, for years we’ve been ripped off and taken advantage of by China and others, in all fairness, but by China there’s, that’s a big one,” President Trump said.Sen. Raphael Warnock (D- Ga.) called on Congress to step in to end the ‘madness.’Calling the tariffs in a statement a tax on Georgians that will drive up prices.With the pause, those countries that were subject to the higher reciprocal tariffs have dropped back to the baseline 10%.Copyright 2025 WANF. All rights reserved.
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