The business world doesn’t like uncertainty about cost increases almost as much as the increases themselves.
That’s why Donald Trump’s on-again, off-again tariffs have companies frustrated.
Trump had previously announced a second round of tariffs on Chinese imports would take effect Sept. 1. Then, this past week his administration said the tariff would be postponed on most of the affected items until Dec. 15 so as to not hurt too badly the Christmas shopping season. As a result, manufacturers and retailers who had spent time trying to plan for the increase and look for alternative suppliers wasted a lot of time.
If Trump is not careful, his erratic decision-making is going to cost him a usually solid base of GOP support.