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Trump tariffs hitting small businesses

Trump tariffs hitting small businesses

Summary

As voters cast ballots in the 2026 U.S. midterm elections, the economy was a leading concern, with many middle-class Americans frustrated by rising living costs despite strong headline economic data. The report says President Donald Trump’s tariffs have hurt small businesses and contributed to a significant rise in bankruptcies; correspondents spoke with business owners.

Key Facts

  • The report aired on November 3, 2026.
  • The United States held midterm elections as the report was issued.
  • The economy remained a top concern for voters, according to the article.
  • The article says middle-class Americans are increasingly frustrated by the rising cost of living.
  • The article describes headline macroeconomic data as robust.
  • The report says Trump’s tariffs have hit small businesses hard.
  • The article links the tariffs to a significant rise in bankruptcies.
  • Correspondents interviewed business owners for the report.
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