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The "MAGA" camp will face a painful blow from tariffs: Truck Transportation and Retail Trade may see large-scale layoffs.
① USA Truck drivers have shown support for Trump in polls and past activities, thus being regarded as the backbone of the MAGA camp; ② however, according to predictions by Apollo Global Management, tariffs will lead to massive layoffs in the Transportation and retail Industry; ③ Apollo also warned that the economic slowdown triggered by tariffs could ultimately turn into stagflation.
FreightCar America Announces Orders Of 1,250 Railcars Valued At $141M
Express News | FreightCar America Inc - Railcars Sold by Co in North America Not Subject to Tariffs
Express News | FreightCar America, Inc. Announces Orders of 1,250 Railcars Valued at $141 Million
FreightCar America, Inc. To Release First Quarter 2025 Results On May 5, 2025
Shares of Machinery Companies Are Trading Higher Following President Trump's Decision to Implement a 90-day Pause on Reciprocal Tariffs for All Countries Except China.
Jaguar8 : I am very very hopeful
Trytosaveabit OP Jaguar8 : Yup yup! You and me both brother!