Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by SoftTalker on Wednesday April 30, 2025 @10:56AM
(#43846171)
The tariffs have been in effect for less than a month.
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Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by danans on Wednesday April 30, 2025 @11:28AM
(#43846603)
Companies started shifting plans as soon as the election result was decided in November. Many started stockpiling Chinese imports then. Additionally many have paused Capex due to the economic uncertainty:
https://www.bloomberg.com/news/articles/2025-03-31/us-busine...
Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by runako on Wednesday April 30, 2025 @12:37PM
(#43847653)
The tariffs were not a surprise after the election. The President said he was going to enact crushing tariffs, so this was effectively predictable since early November.
Re:U.S. Economy Contracts at 0.3% Rate in First Quarter
by Aloisius on Wednesday April 30, 2025 @09:14PM
(#43852642)
Em. The first tariffs went into effect nearly 3 months ago.
https://www.cnn.com/2025/02/04/business/china-us-trade-retal...