Economist: US tariffs either lead to higher prices or lower profits
2025-04-02 22:08:42
Brian Jacobsen, chief economist at Annex Wealth Management, said the situation could have been worse, and describing the tariffs as "reciprocal" could have prompted officials to negotiate quickly rather than retaliate. But there are still costs to the tariffs, which are either higher consumer prices or lower profits, neither of which is good for investors. The market's reaction is justified, as the question now is how long these tariffs will last.
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