Does anybody ever talk about exports anymore? You know, from domestic production?
... In recent years, a cautious optimism had
returned, as supply chain shocks from the pandemic pushed some companies
to bring production back to the US.
But
frequent changes and uncertainty around where Trump's tariff policy is
headed has 'got people spooked,' Andrew Anagnost, CEO of Autodesk, told
the outlet.
The company sells software used by manufacturers to design factories and improve processes.
'The current operating mode is just the death to long-term investment,' he said.
While
construction projects that were already underway are still going ahead,
he added, confusion about the future is stalling new work. ...
More.
Exports are a " + " when calculating GDP. Imports are a " - " when calculating it.
Exports' contribution to GDP in 1Q2025 is THE WORST ON RECORD.
No wonder GDP was negative. Outside the pandemic soaring imports had their worst negative impact on GDP on record in 1Q2025.
It's a terrible time to be introducing new huge taxes on imports needed by domestic manufacturers, but that's what Trump is doing.