Of course is will be, and rightly so. Those dumb-ass tariffs are hollowing out small businesses, that's why you do not see the impact on Wall Street. Small business do not list on Wall Street. Many of those businesses relied upon stuff from China which now costs more. Added to that, the steel and lumber tariffs that go into many goods the U.S. produces (and it still produces a lot) are raising the prices of finished goods. The export driven farm economy is going down because his dumbass tariffs have caused countries to buy elsewhere; the U.S. can no longer be trusted. la Presidenta could see something odd in his corn flakes some morning and decide a new round of tariffs are in order.
The fun doesn't stop there though. The domestic farm economy relies upon migrant labor, the migrant labor la Presidenta is scaring the hell out of and shipping off to anywhere he can stick them. You might have noticed the mass migration of Americans to take those jobs, should be happening any day now, really, just wait, it's coming.....and the pink unicorns are froliccing in the fields.....the white ones are attending Christian Nationalist rallies, at least the humans seem to see them.
And the dollar has been losing value because la Presidenta cannot stop trying to euthanize the Fed. Reserve, so demand for dollars is shrinking. It turns out foreign investors do not trust la Presidenta to not screw the pooch. Speaking of which, la Presidenta says he likes a weak dollar because "you make more money". Whatever, it means that the regular proles will pay more for foreign goods of which the U.S. imports a lot. Ah, but then they'll be forced to buy American goods. Righto, at inflated prices because the reason they chose the foreign stuff was because it costs less. B....b.....but, then Americans will start new companies to replace the foreign goods. Maybe....in the fullness of time, but I doubt it. And if they do, they will still cost more than the foreign goods because those damn foreigners have been at a long time and know how to make them efficiently. And even if new American companies learn to make them efficiently, they only have to undercut the foreign competition on price by a little bit. The proles will still take it in the neck.
If you look at the jobs stats, then it is clear the economy is not generating jobs and is losing them. The coming LLM bots will cause more jobs to be lost. And if that doesn't pan out, then all that investment is lost. More pain either way.