00:00 Speaker a
Susan, I want to report a comment on UM, truck equipment or transportation equipment company. Hm, first of all, the person compares it to the great 2008, 2009. In a decline, saying that the current environment is much worse.
00:23 Susan
Correctly.
00:23 Speaker a
They say there are absolutely no operation in the transport equipment industry, and it is 100% attributed to current tariff politicians and its uncertainty. They also invite a stagnation that prices have risen. The widespread mood of such a widespread
00:51 Speaker a
In different manufacturing industry subscribers?
00:56 Susan
You know, it depends on the industry. Hm, this comment is for a reason. It was, you know, very bright. Hm, you know, I’ve been working in FedEx for the last 10 years and, as we say, the Manmm report sees things from six to seven months before the rest of the economy. The transport sector is the main indicator, right?
01:29 Susan
And, you know, you also have some items that you know continues to affect these guys. Hm yes, yes, it’s about as bad as they get. And they are one of the largest six. Hm So what I think about, you know what’s going on at our prices for a consumer and if you are in a family where you may know, you find it difficult to find a job or keep a job because people just don’t hire because they’re not sure they’re not sure
02:04 Susan
What will happen with their companies and their profit margin, because where are their input costs? It’s a kind of circular. And that is scary. Thus, the members of the commission are clear, they must have a established economic policy, they must understand what it will be and believe that it will not change. And they just don’t get it now.
02:32 Speaker a
Well, not irony is that this policy, stated, is one of the stated policy goals is to help Susan in domestic production. So yes. Yes. What do your members need from this administration to really help them?
02:59 Susan
UH, number one, they need an agreement.
03:05 Susan
They need an agreement that will not change. Obviously, transactions that increase costs from a 30% rate are also not great. UH, but I hear more comments about uncertainty, you know, and of course, then, not secondary is how many rates are increasing?
03:31 Susan
So, if their customers do not order how to transport transportation in the transport equipment industry. If their guy, you know, if their customers do not order because they do not want to pay those high prices or they will be detained, it will not change until it happens. When everything is beating, your input costs are changing, and
03:57 Susan
If you can, you just sit still and do nothing, right? It’s a bit like a consumer, right? If you know, you have your main ingredients you need to buy, right, eggs, milk, sugar. Hm, but there are things you usually have no problem with buying, and if your prices are 30%, you just won’t do it. So they need certainty they need policies
04:26 Susan
And they have to believe that this will not change. And that last thing is really, really hard, especially now.
04:36 Speaker a
And only in a short time, Susan, to return to what you said, you know, these sectors are usually the main indicators, especially transport. So, if all this does not change, do you see how we are in the recession?
04:52 Susan
I really see it goes that way. Hm, you know, fortunately, it was a pretty strong economy in January. Hm, you know how long it will not be and II never says forever. Hm, you know, entrepreneurs don’t like that uncertainty. I know I’m a broken post, but um, they just need to know what will happen, and the whipped and whipped saw just not good.