A Third-Generation NYC Candy Shop Owner Says Trump’s Historic Tariffs Will Devastate His Business – and Fears ‘Hyperinflation’

by Matt Sedensky and The Associated Press
Fortune

Economy Candy’s shelves brim with sweets from around the world – gummies from Germany, lollipops from Spain, chocolates from Japan and a panoply of candies from across the U.S.

Standing amid it all, columns of bright jellybeans to his left and exotic Kit Kats to his right, owner Mitchell Cohen is quick with his assessment of how many of this shop’s 2,000-plus items are affected by the historic round of tariffs announced by President Donald Trump.

“I think all of them,” Cohen says at his store on New York’s Lower East Side.

Few corners of the American economy are untouched, directly or indirectly, by the sweeping tariffs being imposed by Trump. Even a little store like Economy Candy.

Continue Reading at Fortune.com…

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