Trump’s Tariffs the “Biggest Headwind”

Global market experts are mocking Trump’s potential to change any decision on tariffs at any time by likening it to the world of subatomic particles. In the world of atoms, particles cannot be located in any way. Market investors are also comparing the uncertainty in Trump’s tariffs to the uncertainties in the quantum world and explaining how difficult their job has become…

Trump’s tariffs the “biggest headwind”

The post Trump’s tariffs the “biggest headwind” appeared on BitcoinEthereumNews.com. Bank of Canada Governor Macklem spoke with the New York Times, saying that US President Donald Trump’s tariffs are the biggest headwind for the country.  Key quotes Trump’s tariffs are the “biggest headwind” for the country.The “most important imperative” is for Canada to reach a new trade deal with the US.The impact of the tariffs isn’t showing up yet in econom…

Amazon’s executive president, Andy Jassy, revealed that the company has not reported any impact on consumer spending from the tariffs imposed by US President Donald Trump. “We have not seen any attenuation of demand at this time. Nor have we yet seen any significant increase in the average selling price,” said Jassy as he was questioned directly during the company’s most recent shareholder meeting. Manager’s comments come after several U.S. reta…

CEOs Would Rather Risk Shareholder Lawsuits Than Tell the Truth About the Impact of Trump’s Tariffs

The New York Times reports that despite the legal obligation of public company CEOs to disclose any material facts that could affect — for better or worse — shareholder returns, fear of lashing out by President Trump is causing them to refrain from being honest about the impact of the planned tariffs. We have observed over the years that CEOs tend to blame exogenous factors for less-than-optimal performance. But Trump’s recent harsh comments on …