Below is a list of more than 200 separate businesses that have been negatively impacted by Trump’s tariffs. These impacts include lost vendors, lost customers, and lost earnings.
To compensate, businesses are raising prices, laying off employees, and forgoing hiring & expansion plans.
Many of these victims are the small businesses, manufacturers, and farmers that make up President Trump’s base. The consequences to them will only be exacerbated if Trump doubles tariffs on Chinese goods as he reportedly plans to do.
Stories - Republicans Fighting Tariffs
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U.S. | Consumer products
Walmart: In a letter to the U.S. Trade Representative, Walmart warns that the duties to be imposed Sept. 24 in the U.S. and China
will raise prices for consumers and hurt profit margins for retailers and suppliers. Based on a proposed 10% U.S. tariff on bicycles, Christmas lights, gas grills
U.S. | Industrials
Caterpillar:
Will boost prices to offset an expected $100 million to $200 million jump in tariff-related material costs in the second half. Based on a 25% U.S. tariff on raw materials
U.S. | Consumer products
Coca-Cola:
Raised prices for soda and other beverages to offset higher costs for freight shipments and metals used in its bottling systems. Based on a 25% U.S. tariff on steel, aluminum
3M Co.: The maker of industrial, safety, health-care and consumer products sees $100 million in ``headwinds’’ from tariffs but
has been able to compensate by raising prices.
Bloomberg - Are you a robot?
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