Is Trump's Tariff War Dooming Us All! Wonder Woman Investigates!

By Zeus! What's Happening to the Economy?

Greetings mortals! Wonder Woman here diving headfirst into the chaos that is global economics. Apparently this 'Trump' fellow has been slapping tariffs on everything like Ares trying to start a war. A recent CNBC survey suggests that instead of bringing jobs back to the good ol' U.S. of A. companies are more likely to skip town and find countries with lower tariffs. It seems the invisible jet has some competition in the speed of relocation!

The Cost of Freedom (and Manufacturing)

According to the survey about 74% of these companies are saying that cost is the main reason they won't be bringing production back to the US with a challenge of finding skilled labour at 21%. The administration in question has promised tax cuts but it seems taxes are low on the list of impacting factors on manufacturing site decision making. These companies are saying that the costs of rebuilding supply chains here would be at least double! DOUBLE I say! I've faced down Ares himself for less! They'd rather move to countries with lower tariffs which they cite as a more cost effective approach at 61%. Let's be honest even my lasso of truth can't untangle that mess!

Tech Troubles and Tariff Tantrums

Even though the tech sector got a temporary pass on tariffs most companies still think it's too expensive to bring manufacturing back. Instead of building a domestic supply chain they're eyeing other countries like hawks spotting prey. It seems 'cost effective' is the new 'Amazonian paradise'. And get this – 61% of the survey respondents feel like the current administration is bullying corporate America. Hera herself would blush at that level of drama!

Automation: The Future is Now (and Robotic)

If manufacturing ever returns to these shores expect robots to take over. Apparently 81% of these companies plan to use automation more than human workers. According to the people in the supply chain trade they cite the US Labour Market as a concern when considering moving back. It's like the island of Themyscira but with more circuits and less sisterhood. I love progress but let's not forget the human touch!

Recession? Oh My Gods!

Here's the kicker: 63% of respondents warn of a recession this year thanks to these tariffs. Higher prices job losses product shortages – it's a Pandora's Box of economic woes! Some are cancelling orders expecting consumers to tighten their purse strings. And who gets hit hardest? Discretionary products furniture and luxury items. So much for those golden bracelets eh? I'd better start investing in bulletproof ramen.

Holiday Hysteria and Bargain Bin Battles

Even back to school and holiday orders aren't safe! While the majority of respondents haven't seen an affect yet it is said that 75% will be raising prices of those high demand seasonal goods. Most companies are focusing on lower priced goods and promotional items for the holidays. Seems like even mortals are preparing for a cautious consumer. I wonder if Santa will need a loan this year? All in all the companies are preparing for the worst!