The Next Age of Railroading
This past week was a classic Trump week. Chaos, mystery, intrigue, drama – it had it all. First, tariffs were levied on Canadian and Mexican imports. Then, the market crashed and President Trump, who was particularly sensitive to the stock market during his first term, decided to at least partially walk back those tariffs. The market didn’t respond and has been cratering ever since.
If there’s one thing that repels business investment and growth its uncertainty. Why would you invest in a factory in the US if you can do things like tap into lower cost labor in a country like Mexico? Why would you invest in a factory in Mexico if you’re going to get hit with tariffs for goods you plan to bring back in the US? What do you do?