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flag Businesses in four-state region see tariffs boosting costs and prices, with retail hit hardest.

flag The Federal Reserve Bank of Cleveland's report indicates that businesses in Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia expect tariffs to raise prices, increase input costs, and decrease demand. flag Sixty-four percent of surveyed businesses anticipate impacts, with 85% expecting higher costs and 75% planning price hikes. flag Despite these challenges, 75% do not expect tariffs to affect employment, but 22% foresee a decrease in jobs. flag The retail industry is particularly affected, with 82% expecting impacts.

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