Mitchell Vaughn, an assistant professor of economics at Elon University, recently discussed with WFMY News 2 the impact of tariffs on businesses. Focusing on the uncertainty created by tariffs imposed by President Donald Trump, Vaughn highlighted how larger corporations tend to withhold investments during these turbulent times. He explained that a significant rise in uncertainty leads businesses to delay decisions about building factories or expanding operations, as they cannot predict future tariff stability.
In an interview with WFMY News 2, Assistant Professor Mitchell Vaughn discussed how tariffs imposed by President Trump create uncertainty in the business environment. He noted that this leads larger corporations to refrain from making investments, as they cannot forecast the longevity of these tariffs.
In conclusion, Professor Vaughn’s insights reveal that the economic environment shaped by tariffs creates hesitancy among businesses to invest. This uncertainty inhibits growth and expansion, particularly for larger companies wary of future changes in trade policies. The ongoing interplay between tariffs and business investment strategies warrants close observation.
Original Source: www.elon.edu
