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Before the speech, Joe DeMonaco, who owns a carpentry business in Michigan, said Trump's patchwork of on-again, off-again import taxes were starting to increase prices, which he will have to pass on to his customers.

Amid Trump’s on-again, off-again threats to levy devastating tariffs on imported Mexican goods, Sheinbaum has scrambled to appease him on a variety of fronts, including migration.

A sort of spiritual successor to the on-again/off-again Main Street Electrical Parade, Paint the Night has a fast-moving soundtrack, more than 1 million LED lights and glittering, shimmering floats that honor franchises such as “Toy Story,” “Frozen” and “Cars.”

Economists and real estate agents cited a variety of factors probably contributing to the trend, including high mortgage rates, rising inventory and the economic uncertainty caused in part by on-again, off-again tariffs.

And then there’s the stock market, which has quivered amid Trump’s on-again, off-again threat of global tariffs.