Thursday, April 03, 2025
Who Knows?
So, President Trump has imposed steep tariffs on his so-called "liberation day," but who knows whether he will stick with them, especially if the markets tank as the futures are doing at this hour? Trump is famously chaotic and a hip-shooter, changing his mind quickly and setting off in new directions. Business can't invest that way. It takes time and planning then construction and machinery -- years, not months. Trump is boasting that he is interrupting the logistics chain and bringing back manufacturing to America. It might be far too late for that. How will companies communicate rising prices to consumers? Will they blame Trump or just his tariffs?
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