Reported about 21 hours ago
The ongoing trade chaos, driven by President Trump's strategic uncertainty in tariff negotiations, is causing significant troubles for businesses like retailer Jim Tuchler, who can't predict import tax costs. This unpredictability complicates the Federal Reserve's ability to forecast economic trends, as fluctuating tariffs could impact inflation, hiring, and investment. Economists highlight the need for scenario analysis amid the murky landscape of trade policies, making it challenging for both businesses and central banks to plan effectively.
Source: YAHOO