The article discusses how tariffs are generating confusion and uncertainty in the economy, impacting consumers, retailers, and advertisers. A study from the University of Pennsylvania Wharton highlights that almost all U.S. households will experience negative effects on their gross income due to tariffs, leading to reduced consumer spending. Supply chains face disruptions as noted by trade experts; bizarre hiccups are anticipated as a result. Advertisers are also affected, facing changes in the timelines of significant shopping holidays as economic instability continues to unfold.
The tariffs' effects are being felt across the supply chain, causing bizarre hiccups and impacting the timeline for shopping holidays, affecting consumer spending.
A University of Pennsylvania Wharton study shows almost every U.S. household will see a negative economic impact from tariffs, with consumers pulling back on spending.
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