CatalystGeopolitics
FRANCE 24 LINKS TRUMP TARIFFS TO RISING U.S . SMALL - BUSINESS BANKRUPTCIES
France 24 links Trump tariffs to rising U.S. small-business bankruptcies.
Context
What happened: France 24 reported Nov. 3 that Donald Trump's tariffs were contributing to more bankruptcies among U.S. small businesses, with the economy the top concern for midterm voters.
Key numbers: Report dated Nov. 3; Fed September meeting minutes cited.
Why it matters: The Fed's September minutes flagged possible additional tariffs as a risk to prices and noted tighter financing conditions for small businesses than for larger businesses and municipalities.
What changed
France 24 reported Nov. 3 that Donald Trump's tariffs were contributing to more bankruptcies among U.S. small businesses, with the economy the top concern for midterm voters.
Why it matters
The Fed's September minutes flagged possible additional tariffs as a risk to prices and noted tighter financing conditions for small businesses than for larger businesses and municipalities.