Market Madness, Manufacturing, and the Liberation Day of It All

Louise Matsakis: Yes, this is a completely beautiful offer I really wanted to put a hat or shirt or a bumper label. A completely incredible picture of the secretary lutinic drawing there. There are two major camps in the Trump Office here and I think that these two camps are part of what you see because it is a kind of eagerness with each other. They both go on TV. So it’s the art of deal in a camp. Let’s call them. Deal art says people are the recent negotiations of Trump. This is an incredibly provocative measure. These tariffs are a starting point, and this altitude is not to maintain these high tariffs, but also to create a new world economy that the United States does not treat these unfair trade, and we are further increasing, our strength changes our strength and change quickly. I would say that this is a camp of fake Walter Bloomberg Tweet. The other camp is probably not to call them the armies of iPhone employees, not to delete the real goal tariffs or use them as a spoken tactic. Of course, we can get certain concessions from other countries along the way. Perhaps the tariffs will be adjusted over time. However, the tariffs intend to remain in place, because their point is to have production renations in the United States, and maybe all industries return to the United States. There were very uncertain as the industry they want to prioritize. But honestly, I think that when it grew up in some ways of the man’s twitter, but only a high school diploma has a short change of globalization. Thus, this opinion is that the person went to work and do something for the iPhone and doing something for the family, instead of doing something, to do something and return to this period, which is designed for his family. So it’s another camp.

Zoë Schiffer: Yes. Okay. Well, I definitely want to enter the production of all and I think we will touch it in the next segment. But we will soon take a break. We will be back with Louise Matsakis. Back to Belly. Thus, let’s talk about some effects, both tariffs and market madness. From your report, how does it take these small businesses and production?

Louise Matsakis: So these tariffs are a disaster for a small business you can mainly imagine. Thus, the local coffee shop is imported from Indonesia and Colombia. A clothing manufacturer, on the street, from the boutique, China, Vietnam, Cambodia, potentially Bangladesh and such places in Banchladesh. And I really think, this is not a tariff rate. Obviously, trying to figure out how your little work that works in very thin margins is the biggest thing that ends, but the real problem is, the uncertainty is. Thus, these tariffs were really declared suddenly. While Trump spoke about them, no one knew how high they could be. I reported how high the tariffs would be higher and how they know how to calculate Trump several hours ago. They moved around the time of the announcement. After the markets were closed, they put an end to doing this, I think this was a big accident. So, what does this mean, for example, let’s say it. You are a fundamental shoe design in the United States, but you produce your shoes in China. Such enterprises, months, sometimes a year, a full year, 12 months in advance. Thus, they have already determined their prices, talked to buyers, carrying retailers carrying their shoes, agreed to a price for the next season. Currently, a shoe manufacturer produces, maybe the earliest dropping shoes, but probably their winter shoes entered the manufacturers or are currently negotiating with manufacturers. Their summer shoes were rated these five, six months ago. And in some cases, those summer shoes are already on a ship. So you have already paid your manufacturers for them, and this ship comes from this ship, you will have to pay the 34% tariff you do not expect. Therefore, I think it’s really difficult to plan for any work right now.