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Administration responding to wall street saying this is crazy because its going to hit the one part of the economy thats been really strong and kind of masking the weakness in other parts of the economy. So the administration is delaying some of the tariffs on consumers goods until september. Hopefully there will be trade talks that could resolve some of the issues. But as weve seen in the past, these talks have gone absolutely nowhere and the administration has taken a lot of criticism that this has been a tactless sort of discussion and negotiation style. There doesnt seem to be an end in sight. But one thing is very clear, wall street is very fearful of a recession and this seems to be what the administration is responding to. One of the analysts yesterday came out and said this next round of tariffs would be cutting into the muscle of the economy, not the fat. So there seems to be this general feeling that theres very little wiggle room for bad decisionmaking. And we heard gold man ....
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