Tariff Squeeze: Are US Corporate Profits Sustainable?

Corporate profits surged, but Trump's tariffs are squeezing companies like Caterpillar and GM, costing them billions. Economists are struggling to interpret the data amid tariff-driven import surges. While GDP looks strong, a closer look at final sales reveals more moderate growth. The Fed hints at potential rate cuts as tariff uncertainty clouds the economic outlook. Hosted on Acast. See acast.com/privacy for more information.