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Companies face a new reality of Trump tariff chaos

Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust - but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers. U.S. President Donald Trump ramped up his trade war against the globe on Wednesday with tariff rates ranging from 10% to nearly 50%, depending on the country, in a move economists warned would raise costs, threaten jobs, slow growth and isolate the United States from a system of global trade it pioneered and furthered over several decades. Trump says the levies will bring jobs back to the United States - but executives in the immediate aftermath were focused on possibly raising prices, reducing shipments to the world's largest economy, or just cutting back investment activity outright.

Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust - but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers.

U.S. President Donald Trump ramped up his trade war against the globe on Wednesday with tariff rates ranging from 10% to nearly 50%, depending on the country, in a move economists warned would raise costs, threaten jobs, slow growth and isolate the United States from a system of global trade it pioneered and furthered over several decades.

Trump says the levies will bring jobs back to the United States - but executives in the immediate aftermath were focused on possibly raising prices, reducing shipments to the world's largest economy, or just cutting back investment activity outright..