According to ChainCatcher, citing Jinshi News, Goolsbee stated that if consumers halt spending due to uncertainty or businesses pause investments, the economy will fall into chaos. Theoretically, the impact of tariffs on prices should be temporary, but considering retaliatory tariffs and intermediate goods taxation, the actual impact may be more lasting.

Goolsbee emphasized that although surveys show business and consumer confidence has "almost hit rock bottom," actual data still indicates robust growth in the US economy. He maintains his previous assessment, expecting interest rate cuts within the next 12 to 18 months.