Tariffs cast a shadow over the internal empire an economic perspective

The confusion caused by President Donald Trump’s tariffs blurred the economic forecast of the internal empire, as warehouses and other businesses are facing an coming trade war.

The economic partnership of the Internal Empire recently released its Economic perspective Displaying consumer pessimism about Trump’s fluctuating economic policy. Consumer Mood Index Sank in FebruaryS

“Surely tariffs can and are likely to have a negative effect on the economy of the internal empire,” says Paul Granilo, CEO of the economic partnership of the Internal Empire. “These are the prices that are passed on to the consumer, so people buy less … If tariffs are causing a trade war and there is a decline in exports from China or other places, it will affect the internal empire.”

However, the report offers some good news: its authors do not expect a recession this year.

“There are currently no alarm bells of leading economic indicators,” writes Manfred Kiele, Robert Kleinchenz and Kenneth P. Miller, researchers at Claremont Mckenna College, who are the author of the report.

“We have to say in advance that this year, more than previous years, there is more uncertainty about our forecast. delay them Shortly after. “

Although tariffs can suppress economic growth, Trump’s plans again, again plans to impose them, are particularly confusing for anyone trying to manage the inventory or hire workers.

“People don’t like insecurity and certainly employers don’t like it,” Granilo said.

This instability can be shaken through the warehouse and logistics industry, key industries in the cities of Riverside and San Bernardino. It is there that Giants at Amazon, Wal-Mart and Target are scattered imported goods from the ports of Los Angeles and Long Beach to the rest of the country.

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Other Trump policies could also shake the region’s economic prospects.

Mass deportation of immigrants can reduce construction work force as Los Angeles tries to restore more than 16,000 structures that have burned In the Palisadi and Ethan fires in January. And tariffs can limit construction supplies from Canada, the report warns.

“Canadian timber is a large part of the home construction industry;

There is another detrimental effect on the tariffs on the tourism sector of the Coachela Valley, the report warns. Loss of goodwill prompts some Canadian visitors to cancel Traveling in the US.

“The Coachela Valley is the Winter House of Thousands of Canadians,” Granilo said. “And many of them choose not to come to the United States because of the tension between the Trump and Canada administration.”

Granilo said he was trying to get the number when canceling the vacation, noting that “this is happening in real time right now.”

Palm Springs Mayor Ron Deharte said he had received several letters from Canadian visitors saying they would not return to the desert as they were disappointed with the tariffs against Canada. But he doesn’t know how widespread this is.

The Washington Post on Sunday publishes Letters from some of these snow birds who choose to feast their nests elsewhere this year. Most of the letters are typically kind, despite the boycott.