Latest / Business of Tech: Daily MSP News & IT Services Analysis
Tariffs Impacting Inflation, AI Adoption Struggles, and Cybersecurity Changes Under Trump Orders
Tariffs imposed during the Trump administration are now impacting businesses, leading to layoffs and price increases as companies adapt to rising costs. Outdoor brand KAVU has implemented cost-saving measures, including freezing marketing spending and limiting employee travel, while preparing to raise prices due to escalating tariffs on imports from countries like India and Vietnam. Public companies such as QVC Group and Allbirds are also planning price increases to mitigate the effects of tariffs, which could contribute to higher inflation and reduced consumer spending. As the stability of…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.