|
Uncertainty. That's the word-of-the-moment with tariffs, market swings and lots of economic volatility. It's also showing up in the Federal Reserve's latest Beige Book, featuring anecdotes across the U.S. economy. On our latest edition of the Beigies, what can a farmer from the Mississippi Delta tell us about uncertainty?
Related episodes:
How USAID cuts hurt farmers (Apple / Spotify)
Why Trump's potential tariffs are making business owners anxious (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Fact-checking by Tyler Jones. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
|
RELATED ARTICLES | | |
|
As inflation continued at 2.8 percent in February, tariffs have fueled worries of another recession, which President Donald Trump has declined to rule out.
|
|
Trump Tariffs Live Updates: Europe and Canada Retaliate After Steel and Aluminum Tariffs Take Effect The New York TimesTrump imposes sweeping 25% steel and aluminum tariffs. Canada and Europe swiftly retaliate CNNEU hits back at Trump tariffs and warns against trade war BBC.comE.U., Canada retaliate against Trump's tariffs as trade war escalates The Washington PostCanada, EU
|
|
Calavo Growers Inc., a company that distributes avocados from Mexico and California, said Wednesday that it didn't expect any U.S. tariffs on imports from Mexico to have a "meaningful impact," on business, although it said they could add extra costs.
|
|
The mood at a gathering of central bankers, economists and analysts in Europe was somewhat bewildered, as they assessed the unpredictability of trade policy and geopolitics.
|
RELATED ARTICLES | | |
|
Markets steadied on Wednesday, despite uncertainty spurred by tit-for-tat tariffs and the direction of the Trump administration's economic policy.
|
|
Levies also set to apply to most derivative products such as tennis rackets and air conditioning units
|
|
President Trump's 25% tariffs on imports from Canada and Mexico went into effect Tuesday, along with a heightened 20% levy on Chinese goods.
|
|
