US EditionKansas City investors speak on worries as markets plummet
- President Donald Trump announced a 10% tariff on imports, which may lead to higher dining prices for Americans, warned National Restaurant Association President & CEO Michelle Korsmo.
- Korsmo stated that rising food and packaging costs would pressure restaurant prices, which have already increased significantly.
- A Reuters/Ipsos poll found that 70% of Americans think tariffs will increase grocery prices, and 53% believe they do more harm than good.
- Experts warn that tariffs act like taxes on consumers, potentially impacting overall economic stability.
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Kansas City investors speak on worries as markets plummet
KANSAS CITY, Mo. -- The Dow Jones average fell more than 1600 points on Thursday in response to President Donald Trump’s announcement of widespread tariffs. Local investors who spoke with FOX4 all expressed hesitation and uncertainty, echoing what the stock market showed earlier in the day. “I'm a little disconcerted,” said Catherine Kolkoski. She said it was surprising to see tariffs imposed on some nations. “You just wonder who's doing their r…
·Kansas City, United States
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Total News Sources7
Leaning Left0Leaning Right2Center3Last UpdatedBias Distribution60% Center
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R 40%
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