‘A downward spiral has begun’: Varying reactions to Trump Administration’s trade war

CNN posted an update

As some CEOs are nervous about a recession or an economic downturn in the next six months, small businesses that manufacture in the US are optimistic, while those that import goods made overseas are more worried about rising costs. Markets remain wary. #CNN #news

00:00 CNN Business Editor at Large Richard Quest and New York Times economics reporter Ana Swanson discuss
05:10 Sen. John Kennedy (R-LA): "Either it’s intentional, or these folks aren’t competent to manage a food truck"
11:25 South Carolina small business owners Rozalynn and Gabby Goodwin on how the tariffs they paid for China-manufactured goods went from 5.3% to 145%
17:05 "I don’t know if there’s much confidence in this thing": Panel discussion with tech stocks analyst Dan Ives, Wall Street trader Peter Tuchman, and CNN economics analyst Rana Foroohar
27:21 "I’m extremely optimistic": Ohio welding company owner feels good about business