“The risk of stagnation and stagnation rises with an induction uncertain.” Shenker said in a statement. “US consumer confidence has decreased recently, while consumer enlargement rates remain high. The possibilities of GDP in the first quarter of 2025 are negative at the present time, while inflation rates on an annual basis are 2 % higher than the Federal Reserve.”
In fact, Shencker said that the growth expectations in Atlanta Bank of the Federal Reserve for GDP (GDP) says that growth in the first quarter is likely to be -3.7 % based on the available data from April 1. This would be an unusual sign if this happens, because the United States was real real GDP or less than -3.7 % in eight quarters over 50 years.
In response to the difficult new commercial conditions, US supply chains are scrambled to contain the impact of the higher costs of tariffs through strategies such as converting final products collection operations to the United States, according to an analysis conducted by Moody’s.
“In the decisive field of cost management, American supply chain institutions do not enjoy maneuver, as customs tariffs pay prices and costs in all fields,” said André Queen Pararabanov, the practice in the supply chain industry in a statement. “With their hands at high costs, the supply chain professionals should focus on the reliability R & R-and the elasticity of their current supply base. The supply chain leaders can use the indicative risk indicators to identify suppliers at risk and cooperate in order to enhance the reliability of these suppliers and their aporders.”
Another method that costs the new definitions of American companies by increasing the cost of planning new strategies to deal with the turmoil, according to a statement issued by Aman Khan, a partner in the Kirney Administrative Consulting Company.
This additional planning has already led to the loss of productivity, as managers were dispensed to the normal commercial tasks through new scenario modeling, legal and organizational reviews, pricing reviews, expected amendments, re -delivery chain, re -negotiating suppliers, CAPEX, customer discussions, and countless meetings. Kearney, together, appreciates the uncertainty in the customs tariff cost 2,000 American citizens 2 million working hours per week, reaching $ 10 billion annually. The company said that the economic impact in the United States alone exceeds 100 billion dollars annually, extends to small and medium -sized companies, and it is estimated that the economic impact in the United States alone exceeds 100 billion dollars annually.
Retail and manufacturing sets on the effects of customs tariffs
Commercial groups in the retail and manufacturing sector seem similar warning bells. While some groups admit that the White House may use its introductory threats as a lever to negotiate better circulation conditions for American companies, they said that the speed and scope of new terms was very extreme that they did not allow the American importers enough to respond.
“We encourage President Trump to hold commercial partners and restore fairness to American companies without creating economic uncertainty and higher prices for American families,” said the Executive Vice President of National Government Relations for Government Relations. “The immediate implementation of these definitions is a huge pledge and requires a large notice and a major preparation by millions of American companies that will be directly affected.”
Without sufficient time to find new suppliers and manufacturers to rid the economic strike of definitions, American companies have no choice but to transfer these new costs to American consumers. “The definitions are a tax paid by the American importer who will be transferred to the final consumer. Foreign countries or suppliers will not pay the definitions.”
An identical message came almost from the RILA Association (RILA), which said: “The American people rely on President Trump to develop and inflame the American economy. Unfortunately, the president’s plan for global definitions on home commodities – including clothes, groceries, home commodities and school religions – will raise costs on every American family.”
Michael Hanson, CEO of Rila, said the definitions may lead to long -term results. “These newly announced definitions-and the expected revenge definitions of American companies-risk destabilizing the American economy, undermining the goals of promoting local manufacturing and growth. We urge the president and his economic team not to abandon the budget and the family, we want to repeat. Hanson said.
Likewise, the National Association of Manufacturers (NAM) said that the definitions are very large for American manufacturers to deal with them. “It goes without saying that the announcement of today was complicated, and the manufacturers are scrambling to determine the accurate effects of their operations,” said the president and CEO of NAM Jay Timonz in a statement. “The risk of manufacturers cannot be higher. Many manufacturers in the United States are already operating with thin margins. The high costs of new definitions threaten investment, jobs and supply chains, and therefore, America’s ability to get rid of other countries and drive as a prominent superpower.”
The American Apparel & Footwear (AAFA) also expressed concern. “In order to be clear, the customs tariff is the taxes borne by American companies that import American goods and families that buy these goods,” Steve Lamar, President and CEO of AAFA said in a statement. “While we welcome President Trump’s focus on reducing foreign trade barriers, we need to reduce the high trade barriers in America as well and do this in a predictable way that allows investment decisions and a long -term supply chain. For companies that were waiting,” chaos in the past few months, along with confusion from today’s announcement, only created more than unwanted. “
