Commodities, Business & Shipping (and Tariffs)

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Fortune

Nobel-winning economist warns Trump’s tariff walk back makes them ‘worse’ than they were in the first place​

  • Nobel Laureate Paul Krugman warns that President Trump's unpredictable and often reversed tariff policies are creating deep uncertainty, discouraging business investment and thus increasing the risk of recession. While concerns about inflation exist, Krugman emphasizes that the greater threat lies in declining investment in trade-sensitive sectors due to the lack of stability in U.S. foreign policy.
If there's one thing investors don't like it's uncertainty, and President Trump's ever-evolving stance on tariffs is not helping matters.

Investors have no way to shield themselves from the impact of the White House's foreign policy decisions, said Nobel Laureate Paul Krugman, adding the political system offers no safety net to prevent extreme proposals.

More:

https://www.msn.com/en-us/money/mar...S&cvid=d963b960df2e4dc299efd81a3591dde4&ei=19
 
^^^^^^
It's amazing how one man can have such an adverse effect upon the supply chain and the world economy. Congress needs to take back their power and end this craziness.
 

At G20 in Washington, top Chinese officials slam trade war as talks remain elusive​

Central bank governor and finance minister address G20 ministers but conclude trip without official dialogue with US counterparts

China’s central bank governor and finance minister – its top financial and economic officials – have condemned the trade war at a Group of 20 ministers meeting in Washington, concluding the tour without official bilateral dialogue with their US counterparts.

“There are no winners in trade wars or tariff wars, and major economies should enhance their participation in international macroeconomic and financial policy coordination,” Pan Gongsheng, governor of the People’s Bank of China, said in an official statement on Friday following this week’s meeting.

More:

At G20 in Washington, top China officials slam trade war as talks remain elusive

Central bank governor and finance minister address G20 ministers but conclude trip without official dialogue with US counterparts.
www.scmp.com
 

Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs​

Published Fri, Apr 25 2025 12:47 PM EDT

  • Tariffs have fueled car purchases across the country and some iPhone upgrades, too.
  • Yet in other categories, U.S. consumers have delayed rather than sped up purchases, according to surveys by market research firms and a recent Federal Reserve report.
  • Procter & Gamble CFO Andre Schulten said Thursday that tariffs have contributed to “a more nervous consumer” who pulled back in the last two months of the quarter.
At car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early.

Yet when it comes to other items, retailers aren’t seeing widespread stock-ups or huge waves of early purchases due to tariffs — or at least not yet. Instead, U.S. shoppers seem hesitant to spend and inclined to delay purchases rather than speed them up, according to consumer surveys by market researchers and early reads from the Federal Reserve.

More:

 
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