Trump Tariffs Near "High-Water Mark" Amid Business Pressure, Rising Costs, Legal Fight

• American companies are increasingly signaling that President Trump’s tariffs have reached an economic and political limit, leading to petitions for relief.
• Tariffs are raising costs, slowing production, and feeding inflation, contradicting the administration's promise to rebuild domestic industry without burdening consumers.
• Companies like Chicken of the Sea have cut operations due to rising costs from tariffs on imported materials, warning of unavoidable price increases for consumers.
• The Supreme Court is preparing to decide on the legality of many of Trump’s global tariffs, potentially leading to a more surgical approach.
• Economists confirm tariffs are causing measurable upward pressure on consumer prices, despite administration denials.

Why It Matters: Tariffs are causing economic pain and inflation, potentially forcing policy changes.