Part 6/8:
For tariffs to be effectively implemented without severe repercussions, an aligned strategy that includes stimulus measures is crucial. In other words, the government must first ensure consumers have the financial means to withstand shocks before imposing tariffs that could exacerbate existing economic challenges. Currently, however, there seems to be a surplus of inventory, as businesses stocked up in anticipation of tariff-induced price hikes.
The recent payroll data indicated a temporary boost in hiring aimed at processing this excess workload, yet it also revealed a concerning trend in wage stagnation and rising unemployment rates. Consequently, businesses anticipate layoffs rather than sustained growth, further complicating the overall economic outlook.