Dow Jones, a News Corp company
News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services
With more tariffs threatened, it is rational for consumers and businesses to buy before price increases hit, but then comes the hangover
When times get tough, the tough go shopping. That is the rational response to the escalating U.S.-China trade battle.
A buying spree by consumers and businesses looking to get ahead of the tariffs will add another distortion to an economy already revved up by a big stimulus and tax cut and already facing a tight jobs market and rising prices.