Martha Gimbel
๐ค SpeakerAppearances Over Time
Podcast Appearances
There's also a question of what people want.
I'm sure that at some point in the future, someone could build maybe a robot that could raise my child for me.
I'm not having a robot raise my toddler.
And I think that's a pretty common reaction.
And so we have to see how consumers respond as well.
Great certainty has been brought back to the economy of the United States and actually the economy of the world.
Thank you for having me.
I certainly feel less certain about tariffs than I felt this morning.
Just to give you an idea of what my team who looks at this has been up to today, going into this morning, tariffs were almost 17%.
Once the Supreme Court ruled, they went down to 9%.
And then the president gave his press conference today.
And then the president gave a press conference where he said that he was imposing 10% tariffs under a different legal authority, but that would be temporary, but then they would replace it with other things that were to come.
And then that should take it back up to around 15%.
So there's been a lot of Sturm und Drang today, but it looks like we're sort of back where we are, but we're still figuring it out.
So, you know, we would expect the impacts to be similar to what we've been talking about since we started with this whole Mishigas, right?
That you're going to see upward pressure on prices, you know, that it's going to be about $1,600 for an average household.
You're going to see slower economic growth, a slight rise in the unemployment rate.
You know, the biggest open question with tariffs has never actually been the literal impact of tariffs.