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My son-in-law works for a domestic truck manufacturer (semis, not pickups). Orders are down because nobody knows how much the order will cost, because of tarif
by AnimalMuppet 1y ago
My son-in-law works for a domestic truck manufacturer (semis, not pickups). Orders are down because nobody knows how much the order will cost, because of tariff uncertainty.
- bcrosby95 1y agoYes, nothing kills business activity more than uncertainty. High prices can be planned for and dealt with. Constantly fluctuating ones with no upper bound cannot.
- whatevertrevor 1y agoAnd lower activity creates more uncertainty, as people get laid off, banks start adjusting mortgage rates upwards and borrowing becomes more expensive. Leading to even less activity and more uncertainty. It's a scary road to go down toying with this house of cards at the level Trump has been doing.