Just the threats of tariffs have had a significant chilling effect on investment at the local levels. My neighbor builds single and multi-unit housing. Because costs cannot be anticipated, his biggest GC (builds 6 multi’s a year) has no plans to start ANY. Play that out across industries & the US
Reposted from
Mississippi Free Press
The U.S. imports 74.5% of its toys and sports equipment, 41.1% of its shoes, 27% of its electronics and electrical machinery, and 24.5% of its fabrics and clothing from China, the Peterson Institute reports.
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