Donald Trump: How much does the country suffer from its customs confusion?

Donald Trump: How much does the country suffer from its customs confusion?

USA
How much do the Americans suffer from the back and forth from Trump’s customs policy?








Donald Trump’s high tariffs and their suspension make headlines worldwide. What should actually boost the local economy is no reason for the Americans to be happy.

Trump did not add a topic in the first few months as his customs chaos. According to a number of surveys, two thirds of the Americans reject this back and forth. She had recently started that many Christmas gifts could not be left because the import of Chinese toys was made almost impossible because of the 145 percent tariffs. Trump has temporarily reduced to 30 percent, but consumers are also felt. Economists have calculated that even an increase of 10 percent is increasing the life of $ 1700 to $ 2350 for each US family per year.

The discounter Walmart, which is considered an indicator of the state of the US economy, announced last week that further price increases will be available to customers due to the tariffs. McDonald’s, Adidas and other companies also threaten higher prices. Hard to imagine that the Americans accept that. You have not tackled the inflation president bidges to get the inflation president Trump.

Car capital of the United States
In Detroit they believed in Trump – then the chaos came to the tariffs

Although 80 percent of Americans support Trump’s idea of ​​strengthening the local industry, they do not want to bring too many victims. Especially since you can’t. Half of the households is heavily indebted, the number of insolent families in April increased dramatically again.

The confusion is also a disaster for America’s importers. You have to decide whether you will quickly introduce goods before Trump lifts the tariffs drastically – or whether you endure and speculate on an agreement. Economist Steven Davis from Stanford University considers the customs chaos to be poison for the US economy. The “uncertainty index” developed by him shows that there is currently greater uncertainty than during the Coronapandemia or the financial crisis 2008. Trump himself received panic and quickly revised some of the absurd high tariffs – also because they now cost the first jobs. In the Autostadt Detroit, workers are released after Trump’s 25 percent tariffs on auto parts have caused the production of production at Chrysler.

Source: Stern

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