The economic impact of US government tariffs has just started, according to the evaluation of Kelly Meman Hook, the first adviser to McLarty Associates, Ww This Monday (14). According to her, the effects of mutual measures already feel by American consumers and tend to intensify.
According to Hok, the agricultural sector is especially concerned about the consequences of customs tariffs. There is a fear that these measures can eliminate international markets in the future, which will be harmful to the United States, although they may be useful for countries like Brazil.
Change in consumer behavior
The expert notes a major change in the purchase behavior of Americans. “Everyone says: You bought what a week?” Hock determines, and it is reported that many consumers expect to buy products such as iPhone, cars and even shoes, trying to avoid increasing the potential price resulting from the new definitions.
This change in consumption pattern reflects the increasing interest in the influence of tariffs on the local economy. Hook notes that American companies are also facing difficulties in planning their operations in the face of uncertainty resulting from current trade policies.
Kelly Meman Hook’s analysis indicates that the effects of definitions on the American economy will be gradually more intense. The expert notes that the current scenario has great challenges for both consumers and companies, who seek to adapt to a constantly changing economic environment due to the in place commercial policies.
