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Business owners and CEOs are already collected on inventory and have some American buyers panic Big ticket items that the President expected Donald Trumps Tariffs. The sudden buyer can lead to “artificially high” economic activity, Chicago President Federal Reserve Bank East Goolsbee.
“Sunday” Golsbee “Sunday” Sunday “Such regrets” such regrets “such regrets are probably clearer.
Enterprises Reserve inventory and Consumers who accelerate purchase decisions – get one Apple Now the iPhone can say that in April, if it is not waiting to fall until the fall, and the US economic activity can be reduced in the coming months.
“The activity may initially seem artificially high, then the plateau can fall – because people bought them all,” he said.
The sectors affected by Trump’s tariffs, especially the automotive industry, imported by goods from other countries, more likely to increase in more inventory, more likely to increase increases. Many car parts, electronic components and other large ticket consumer items are currently produced in China, which currently has a 145% total tariff rate of goods imported to the United States.
Tariffs in an area of Trump’s other countries Instead of applying for all imported goods on the board, 10% is in the middle of a 90-day interruption with a 10% initial tariff rate. Pause is due to the end of July 9 A number of trump talks now and then with foreign leaders.
“We do not know how long it will happen when they reconsider the tariffs from today,” said Goolsbee.
Some US owners who have purchased goods in China are unable to place their order in inventory. Matt Rollens, Granite Bay, California based Novelty Drink Drink Drink Beverage Dragon Glass Containers, Says their products are temporarily holding in China Because 145% of payment would force it to increase consumer prices for at least 50%, probably 50%.
The Rollens has an inventory in the United States until June, and hopes that the tariffs will roll up to the time that CNBC is held on April 11.
Short-term uncertainty and financial pain are set aside, the Fed’s Goolsbee country expressed optimism about the longer-term economic outlook.
“If we can go through this path, it was important to remember: the unemployment rate (was) the unemployment rate (was) the ratio of inflation (was) to return to ’21 and ’22, ’21 and ’22 were not wanting to return to ’21 and ’22.”
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