The constant flip-flopping over tariffs is paralysing industries. Automakers, for example, are unable to plan while there is a threat of tariffs on components made in Canada.
Trump's tariffs, described as "confusing and inscrutable," have triggered retaliatory tariffs and disrupted industries like automotive, energy, and agriculture, causing uncertainty for businesses and investors. Companies are considering various options, including passing costs to consumers and investing in U.S. operations. Concerns are rising about a potential trade war and recession.
