The Three Pronged Squeeze on American Business The perfect storm of tariffs, soaring fuel costs, and rising interest rates is putting an unprecedented squeeze on companies across the manufacturing, transportation, and retail sectors.
This phenomenon is particularly pronounced in middle market manufacturers, which rely heavily on shorter term lending and feel the impact of higher interest rates more directly than larger corporations.
Rising fuel costs are also pushing up the cost of making and moving goods, while tariffs are making raw materials and finished products more expensive. For companies like Allen Eden's Original Saw Co.