Stocks have almost returned to where they were 5 days ago after his latest change to the tariffs.

  • @[email protected]OP
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    17 days ago

    Can you imagine being a company, or even just a small business owner trying to make long-term plans in this environment?

    Say you run a pest-control business in Texas. Things are going well, so you’re thinking about hiring your neighbour’s fat son to do some work during the summer. Then the tariff chaos starts. Do the chemicals you need for your business get more expensive? You buy them from DuPont, a good American company, but where does DuPont get the raw materials? The tariffs change week to week, sometimes day to day, so it’s really hard to know what your costs are going to be, and what you’ll have to charge. One of your other neighbours, Americans, but originally from Laos, have been good customers over the years, but what if ICE deports them? Your wife’s massage therapist has been snatched twice by ICE now because he “looks Mexican” even though everybody knows he’s Native American.

    And there’s your best buddy who works in propane. You’d think that that would be safe from tariffs, but it turns out a lot of the accessories he sells are manufactured in China. If he loses his job, his wife’s salary as a teacher isn’t going to be enough to keep them afloat.