Federal Reserve Board Governor Powell: Tariffs may disrupt supply chains or push up inflation, increasing survival risks for small and medium-sized enterprises.

According to the Economic Daily News APP, Michael Barr, a Federal Reserve Board governor, recently stated at an economic seminar at the New York Fed that although the fundamentals of the US economy remain strong, the potential supply chain disruptions resulting from trade policy adjustments still need to be closely watched. He emphasized that if tariff measures lead to supply chain interruptions, it could simultaneously bring about the dual risks of economic growth slowdown and intensified inflation pressure.