Businesses across the spectrum, from small firms to large corporations like Morgan Stanley, are adopting the term 'pause' to convey a sense of caution in decision-making due to the uncertainty surrounding tariffs. The use of 'pause' gained prominence following President Trump's announcement of a tariff hiatus, which positively impacted stock markets. CEOs, including those of Oxidizers and Catalynt Solutions, indicate that this 'pause' reflects a strategic wait-and-see approach, as they hold off on investments and hiring amid unclear economic implications.
Right now, it's just that pregnant pause of 'OK, wait, let's see,' said Lambert, referring to the caution businesses have adopted in uncertain economic times.
For many businesses, unpredictability about the economic price tag of trade barriers can paralyze decision-making, said Galvin, highlighting the hesitant approach companies are taking.
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