The ongoing tariff battle initiated by the Trump administration is beginning to show its effects on the U.S. economy. Reports indicate that ports are seeing fewer imports and exports, while store shelves are starting to appear empty due to supply chain disruptions. A chart from Yahoo Finance demonstrates how tariffs are already contributing to a slowdown in economic activity. CNBC predicts that these issues could lead to a summer recession, as trucking layoffs and other trade-related challenges mount. Meanwhile, The New York Times highlights how households might be impacted without goods from China. Although President Trump has softened his rhetoric on tariffs, the damage may already be done, according to The Washington Post.
— new from Chicago Tribune