Hamid Chaudhry, a farmer's market owner in pro-Trump territory, reports a significant decline in profits, citing a 25 percent drop due to increasing costs. Despite the challenges and potential for further economic pain in the near future, Chaudhry is building a financial cushion, holding onto hope for a turnaround. He interprets Trump's messaging as an assurance that short-term difficulties will lead to eventual gains, particularly as the next presidential election approaches, reflecting a willingness to endure current hardships with optimism for future recovery.
I live in Trump country, Hamid Chaudhry said. Nobody is panicking. The owner of a farmer's market, he said he has taken a 25 percent cut in profits over the past year because of the rising costs of goods and services.
He said he believed that in the next few months, the pain could run even deeper, so he was building up a rainy-day fund. But he was hopeful that the tariffs would eventually pay off, most likely by the next presidential election.
As a business owner, you don't make money right away, right? said Mr. Chaudhry, who voted for Mr. Trump. When I listen to Trump, what he's saying is, It's a short-term pain, but there's the light at the end of the tunnel.
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