Six months into tariffs, businesses have no idea how to price anything

(www.wsj.com)

462 points JumpCrisscross | 1 comments | 30 Aug 25 20:56 UTC | HN request time: 0s | source

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lazarus01 ◴[30 Aug 25 22:32 UTC] No.45078568[source]▶

In NYC, for the first 6 months of 2025, 994 new private sector jobs were created [1]. During the same period last year, there were 66,000 new jobs created.

Higher cost of doing business from tariffs has frozen hiring. With a frozen job market, there’s less revenue coming in.

NYC is a leading indicator for the rest of the country.

[1] https://www.nytimes.com/2025/08/13/nyregion/nyc-jobs.html

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macintux ◴[30 Aug 25 22:37 UTC] No.45078595[source]▶

>>45078568 #

I’m curious whether it’s more the tariffs, or the uncertainty. No one knows what will happen on a day-to-day basis: the chaotic (and illegal) decision-making leaves everyone wondering what’s next.

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1. motbus3 ◴[01 Sep 25 10:56 UTC] No.45091612[source]▶

>>45078595 #

My guess is just, well, a guess, but the real impact of tariffs will take some time to hit. For now it is a turbulence of the uncertainty, but as people understand how to work on this situation we'll see numbers getting more stable. My second guess is that inflation will grow as other markets will learn to deal with the situation. It is taking some time, but other economic blocks might make strong moves altogether causing at least a bruise in the metrics.

Also we need to remember that the guy responsible for the numbers was fired for allegedly political reason and that could have been political and no one will ever be sure. So how can one trust the numbers in that situation? It has been... Weird

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