What Manufacturing Associations are Saying About the Tariffs

June 4, 2018
Economic panic is the best description of how manufacturers are reacting.

As of June 1, the tariffs on steel ( 25%) and the tariffs on aluminum (10%) became effective. 

Manufacturing associations reacted swiftly and strongly letting the administration know how this would affect their respective markets. 

Reactions ranged from warning that " alienating our strongest global allies by launching a tit-for-tat trade war would harm the U.S. economy and undermine American leadership” to "American consumers will continue to bear the brunt of a trade war with our key economic partners.”