US EditionManufacturers Struggle with Uncertainty and Chaos
- American exporters and manufacturers face disadvantages due to higher tariffs from other countries, which can reach above 10 percent, while the U.S. Maintains an average tariff rate of about 2.5 percent.
- The IMF estimates that trade barriers equate to a 44 percent tariff on manufacturing and 110 percent on services, impacting Europe’s economic growth.
- Tariffs increase costs for consumers and businesses, ultimately harming domestic jobs, according to Allison Schrager of the Manhattan Institute.
- Allison Schrager notes that while some concerns about free trade are valid, tariffs are a flawed solution, and negotiation is a better approach to lowering global trade barriers.
42 Articles
42 Articles
Marketing Briefing: 'Expecting chaos': With tariff uncertainty a new constant, marketers use Covid replanning muscle
If the last five years have taught us anything, it’s that chaos may be tough, trying and certainly worrisome — but it’s ultimately manageable. That’s the general sentiment among brand marketers, ad agency execs and industry analysts when you ask them to make sense of the current economic landscape amid tariff back-and-forth. “I’m expecting chaos,” said Jeremy Whitt, executive media director at Hanson Dodge. “One thing I want to make sure that w…
Great uncertainty in spring budget - concern for the future
Tariff wars, stock market chaos and concerns about the global economy mean that the spring budget is marked by unusually high uncertainty. We will not receive an answer today on how the government will handle possible bleaker times.
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