UPS cuts 20,000 jobs amid reduction in Amazon, Temu, Shein and other shipments as the Trump Administration’s tariffs create corporate chaos 🇺🇸 Americans without jobs are not going to be able to keep spending money at the current level, especially with higher prices from tariffs and inflation so we can expect this will continue to negatively impact the American economy and stock market.

In addition many American small businesses can’t afford to make their products in the United States so they were making their products overseas, now with the tariffs they’re not able to afford to make their products overseas or in the United States. This will lead to more layoffs from American small businesses which will negatively impact the American economy and stock market as well.