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US policy backlash: Tariffs, job cuts & economic strain

Recent developments reveal how US tariff policies are increasingly hurting its own economy. Rising import costs and retaliatory measures have begun to squeeze profits, reduce exports, and push up inflation. More US employers are reducing headcount on weaker demand and heightened economic uncertainty, according to the Federal Reserve's most recent "Beige Book" publication. Meanwhile, the ongoing US government shutdown and stalled layoffs highlight a widening policy paralysis. Together, these shifts underscore a growing contradiction: measures meant to "protect" American industries are instead amplifying economic strain at home and shaking global market confidence. The IMF's latest outlook upgrades global growth to 3.2% but flags Washington's protectionist turn as a major source of uncertainty.