Betsey Stevenson, professor of public policy and economics at the University of Michigan, says tariffs have created a supply shock in the U.S., affecting back-to-school items and inputs companies source globally. She tells Katie Greifeld and Eric Balchunas on “The Close” that rising costs mean businesses buy less and need fewer workers. (Source: Bloomberg)
www.bloomberg.com
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AI Fuels Stocks Despite Tariffs: Stevenson
