U.S. media: Repeated tariff policies, U.S. companies can't even make a one-day plan
Reference News website reported on April 15 that the US "Washington Post" website published an article titled "Manufacturing Companies Struggle with Uncertainty and Chaos Caused by Trump Tariffs" on April 13. The content is excerpted as follows:
US President Trump's comprehensive tariffs have caused a reversal of free trade in decades, bringing chaos to the industries he is trying to rebuild - American manufacturing.
Although the extent of economic losses is unclear, unstable tariff policies are making it harder for American companies to manufacture and sell goods.
Even though the Trump administration has recently suspended many of the harshest tariffs, businesses across the United States still say that recent chaotic announcements and uncertainties are affecting their business: their costs are increasing, but demand is slowing down as US and overseas consumers cut spending out of fear.
Due to the unpredictable changes in US policies, which disrupt the global trade system and disturb financial markets, the economic landscape in the US and globally is deteriorating rapidly. In recent weeks, the possibility of a recession has surged.
Enterprises buying or selling goods from China feel the impact most acutely. However, companies doing business with other countries also said that international buyers are being cautious, sometimes pausing orders or completely canceling shipments, watching the White House's policies.
Paul Sadow, owner of California-based rock lobster bicycle company, said: "The uncertainty of 'tariffs imposed, tariffs lifted' itself is destructive. My orders have definitely decreased. Why would anyone in Japan, Australia, or Canada order an American bike if the situation changes drastically again next week? It's like everything is frozen."
Many American manufacturers said they are increasingly concerned about economic turmoil eroding optimism about thriving businesses. Manufacturing showed signs of weakness in March this year, after briefly expanding earlier due to companies rushing to take action before tariffs were implemented. Now, manufacturing trade organizations said they are flooded with calls from members anxious about canceled orders and slowed growth.
In interviews with more than 12 American production companies, most companies said they are finding it difficult to sort out relationships with overseas suppliers and buyers. Nearly all production companies face rising costs of key materials or machinery, and some companies said they have already seen demand dry up due to tariff uncertainties.
Susan Schreiner, president of Lion Gate Farms, said: "If you keep announcing tariffs and then canceling them, the threat of tariffs will gradually weaken, only making others reluctant to cooperate with American companies. We've been exporting internationally for 20 years, and suddenly all our markets are closed." Lion Gate Farms sells Kona coffee grown in Hawaii to various parts of Asia and Europe.
Lisbet Levinson, an international trade lawyer at the Foley Law Firm, said: "It's ironic that US manufacturers are finding it extremely difficult to do business because of the tariffs, which are supposed to protect these businesses. They have paused all operations. They can't even plan for a day." (Compiled/Translated by Yang Xinpeng)
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