• Businesses say they are 'bracing for the worst' from Trump's tariffs and the trade war could force them to leave the US

    5 monthes ago - By Business Insider

    Businesses that responded to the Kansas City Federal Reserve's newest manufacturing survey expressed concern with President Donald Trump's trade policy.
    The tariffs are going to drive up prices and hurt production, the businesses said.
    "Bracing for the worst concerning China tariffs," said one executive. "We will move the last of manufacturing off shore."
    US business owners have a lot to worry about, from workers to taxes, but nowadays a new concern is popping up: President Donald Trump's trade fights.
    The Kansas City Federal Reserve released the results of its June manufacturing survey on...
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  • Kansas City Fed: Regional Manufacturing Activity "Continued to Expand at a Rapid Pace" in June, Concern about Tariffs

    Kansas City Fed: Regional Manufacturing Activity "Continued to Expand at a Rapid Pace" in June, Concern about Tariffs

    5 monthes ago - By Calculated Risk

    Note the comments on tariffs.
    From the Kansas City Fed: Tenth District Manufacturing Activity Continued to Expand at a Rapid Pace
    The Federal Reserve Bank of Kansas City released the June Manufacturing Survey today. According to Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District manufacturing activity continued to expand at a rapid pace, and expectations for future growth increased moderately.
    “The composite index remained strong for the third consecutive month, and many firms reported difficulties finding...
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