Marketplace Counting the ways tariffs disrupt our economy
36 snips
Apr 15, 2025 
In this discussion, guest Lisa Goldenberg, President of Delaware Steel Company, shares her expertise on the ramifications of tariffs on the steel industry. She highlights how businesses are stockpiling inventory, drawing parallels to challenges faced during the pandemic. The conversation dives into trade tensions affecting oil prices and their implications for economic stability. Goldenberg also addresses the disconnect between economic indicators and daily realities, shedding light on how these factors shape community resilience in uncertain times.
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Preemptive Ordering
- Ken Gidden, owner of Rothman's clothing store, usually orders 20 suits weekly from China.
- This week he ordered 200 to avoid upcoming tariffs and gain time to find new suppliers.
Inventory Management Lessons
- Pandemic supply chain issues taught retailers the importance of multiple suppliers.
- However, it also highlighted the risk of excess inventory if demand slows.
Inventory Caution
- Avoid front-loading inventory too much.
- If demand drops, businesses may be forced to discount excess stock.