Post #38502 by onepoorguy on the US Policy board

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"Maybe people are getting confused on the tariff story and think they are happening immediately and are therefore not even considering a purchase," said James Knightley, chief international economist at ING.

Hmm. I'd want some data for that speculation. I would have thought they would want to get in purchases before the tariffs, to avoid the price increase that will result from the tariff(s). But, then, I know how tariffs work. The 'common man' very well may not, and may think the prices have already gone up. Though, it would be easy to verify that (i.e. just go check the prices).

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