

When it comes to the economy, it's all about uncertainty
35 snips Mar 6, 2025
Economist Mark Zandi critiques the tariffs imposed by President Trump, arguing they create economic uncertainty that complicates business decisions. He highlights the chaotic nature of these policies, such as the unexpected pauses and increases in tariffs on Canada, Mexico, and China. This unpredictability disrupts investment and consumer spending, with echoes of past economic downturns. As businesses grapple with these conditions, concerns grow about optimism fading amidst fears of a potential recession.
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Tariff Impact
- Tariffs create economic uncertainty, impacting consumer spending.
- Economist Mark Zandi warns about increased costs for American households due to tariffs.
Tariff Uncertainty
- Trump's tariff rollout has been chaotic, causing uncertainty for businesses.
- Tariffs on Canada and Mexico have been threatened, delayed, and applied inconsistently.
Business Impact
- Randy Carr, a business owner, postponed investments due to tariff uncertainty.
- The uncertainty disrupts business operations and customer service.