2025-03-12
9 分钟Here's your money briefing for Wednesday, March 12th.
I'm Mariana Aspuru for the Wall Street Journal.
Uncertainty around President Trump's trade war and rapidly changing tariff news is starting to spook consumers.
There are a good number of people who are holding off on big ticket purchases because they're so uncertain.
Some of it is about the cost of the actual good,
but it's more just the sense of unease and that
if you're really worried about things you should just batten down the hatches financially.
We'll talk to Wall Street Journal reporter Rachel Louise Ensign about how this uncertainty could weigh on economic growth.
That's after the break.
President Trump's recent tariffs on China, Canada, and Mexico have caused some consumers to hold back on purchases.
Wall Street Journal reporter Rachel Louise Ensign joins me.
Rachel, we saw a whiplash with the Trump administration's levies on trade.
Catch me up on where the tariffs stand right now.
So Trump has gone back and forth on tariffs a lot since he took office.
Obviously on the campaign trail, he threatened these huge tariffs, then right when he took office,
was saying they were going to put up one month hold on the Mexico and Canada tariffs, which were pretty significant.
And then last week we had the same go around again where he allowed the Mexico and Canada tariffs to go into a fact which basically would increase the cost of goods from those two countries for Americans and also put some new tariffs on China.
But then days later last week there was an agreement to again pause some of the Mexico and Canada tariffs.
So basically this has just been back and forth.
There's a lot of uncertainty and what we're seeing is really starting to unsettle a certain group of US consumers.