“Within two months, shelves in the United States … might resemble those in third-world countries, where people visit department stores and markets only to find empty shelves, all because everyone is waiting and seeing,” Pegatron chairman T.H. Tung told Reuters.

Good morning. Americans face a supply shock that may last all the way to Christmas. Canadians go to the polls today. And there’s been an arrest in connection with the theft of the Homeland Security Secretary’s handbag.

Trump's erratic, and often confusing, rollout of tariffs has led to unprecedented market volatility and serious damage to investor trust in U.S. assets.