NAM: Manufacturers Share Impacts Under Latest Tariffs
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As three of the largest US retailers — Walmart, Home De- pot and Target — this week warned President Trump that his tariff policy could empty store shelves within weeks, upend supply chains and raise consumer prices, the tar- iffs already in place on imported goods are having effects on those who make things in America, according to the National Association of Manufacturers. US manufacturers are sharing their stories of increased cost pressures and uncertainty, both the result of new tariffs. Makers of every- thing from machinery to bicycles to food service equip- ment are reporting ill effects. For Craig Souser, President and CEO of robotic packaging solutions manufacturer JLS Automation in York, Pennsylvania, steel tariffs in particular have had a big — and negative — effect on business. “We’re seeing increased costs [in steel] that will even- tually get passed along to the customer,” Souser told the York Dispatch . Chuck Dardas, President and Chief Operating Officer of Michigan automotive parts manufacturer AlphaUSA, told NHK News recently that his small business and others like it are the ones “writing the checks for” the new tariffs — and it’s not something they can keep up. “To absorb 25 percent or 50 percent in tariffs, it’s a task CONTINUED ON PAGE 6
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