UBS: Trumps delay in tariff hikes is expected to delay consumer pressure until 2026

By: odaily.com|2025/07/08 11:06:52
0
Share
copy

Odaily News Paul Donovan, chief economist at UBS, said that Trumps postponement of the tariff increase to August 1 may mean that the impact of these new tariffs on prices will not be fully apparent before Christmas, but will be postponed to 2026. He pointed out: Given that retailers usually prepare for Christmas in advance, and the goods need to go through the entire supply chain process from production to shelf, even if the tariffs are implemented now, the time when consumers really feel the price increase may be later. This will undoubtedly reduce some of the impact on American consumers in the second half of the year. Avoiding the cost pressure brought by tariffs during the year-end shopping season will help the White House avoid negative news. But Donovan also warned that any delay will not completely prevent these tariffs from eventually being transmitted to American households. He said: This is actually a huge tax burden imposed on American consumers. By the end of this year, real wages adjusted for inflation will begin to fall rather than rise, and then we will see the problem really begin to emerge. (Jinshi)

You may also like

Why Is On-Chain Fixed-Rate Lending Hard to Come By? "Basis Swap" Trading Is the Way Out

The future of the on-chain interest rate market may allow borrowers to directly face a market-driven interest rate instead of being locked into a single rate.

What’s Driving Crypto Markets in Early 2026: Market Swings, AI Trading, and ETF Flows?

Imagine checking Bitcoin and Ethereum prices in a day — one minute up 5%, the next down 4%. Sharp moves, quick reversals, and sensitivity to macro signals marked the first week of 2026. After an early-year rally, both assets pulled back as markets recalibrated expectations around U.S. monetary policy and institutional flows. For traders — including those relying on AI or automated systems — this period offered a vivid reminder: abundant signals do not guarantee clarity. Staying disciplined in execution is often the real challenge.

America's First State-Backed Stablecoin FRNT: Can It Save Wyoming Amid Energy Slump?

Can this influx of digital income into "Cowboy State" really mend the rifts in this land?

Zcash Core Team Exodus Story, Crypto's Own OpenAI Drama

Nonprofits are subject to strict legal regulation, making it difficult for them to scale rapidly through equity or external investment as startups do

Kinetiq Exclusive Interview: From Hyperliquid's Largest LST Protocol to the "Exchange Factory"

「Shopify + Kickstarter」 on Hyperliquid

Glassnode New Year Report: $95K Call Option Premium, Bulls Shift to Aggressive Offense

The market is gradually shifting from a predominantly defensive selling mode to a phase of selectively increasing risk exposure and rebuilding participation.

Popular coins

Latest Crypto News

Read more