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Tariffs take toll on small US business

Quotes

    • 88:88
      Tariffs are not just about protecting American jobs. They're about protecting the soul of our country,
      The Manila Times
      Trump said Tuesday
    • 88:88
      Automakers, battery makers and suppliers are investing billions in American manufacturing and to modernize the industrial base,
      International Business Times
      said John Bozzella, president of the Alliance for Automotive Innovation
    • 88:88
      In general, any tariff would have a broad impact on our industry,
      International Business Times
      Home Depot said
    • 88:88
      It is a highly dynamic situation,
      International Business Times
      said Corrie Sue Barry, CEO of electronics retailer Best Buy, who called price increases "highly likely."
    • 88:88
      If the tariffs do hold, the automotive industry won't be able to adjust overnight,
      International Business Times
      she said
    • 88:88
      Where they are in Canada, the world is their oyster,
      CNN
      said Tom Kloza, global head of energy analysis for OPIS
    • 88:88
      We’re importing about 3 million barrels of Canadian crude a day to the Midwest and Rocky Mountain region,
      CNN
      said Lipow
    • 88:88
      Warren Buffett
      Tariffs are actually — we've had a lot of experience with them — they're an act of war, to some degree,
      International Business Times
      Buffett said in an interview with CBS News
    • 88:88
      Exactly how strong our economy is over time has a lot to do with U.S. consumers' comfort with continuing to go out to restaurants and continuing to buy washers and dryers and just that general activity. And a lot of what we’re talking about here is probably going to slow some of that,
      The Independent
      said Glynn Tonsor, an agricultural economist at Kansas State University
    • 88:88
      It is going to do nothing to help with the food inflation in the U.S, ... I don’t see it as sustainable. I don’t find it plausible that corporate folks who surround Trump are going to sit back and allow him to destroy their foreign markets.”
      The Independent
      said Timothy Wise, author of “Eating Tomorrow” and expert on agricultural trade between Mexico and the U.S
    • 88:88
      There is no domestic market for the amount of corn, soybeans, wheat, and other agricultural products that we now export in significant quantities,
      The Independent
      he said
    • 88:88
      In the end we want good trade agreements where it benefits us as U.S. producers,
      The Independent
      he said
    • 88:88
      Greg Daco
      The exceptionalism and resilience that we've been talking about for two years, I think is starting to show some cracks,
      The Korea Times
      Daco added
    • 88:88
      We're going to see a price level change upward,
      The Korea Times
      said Kleinhenz
    • 88:88
      We've got now multiple trade wars on multiple fronts,
      The Korea Times
      Swonk said
    • 88:88
      We estimate the tariffs could lead to a nearly $1,000 per household increase annually in the cost of goods,
      Aljazeera
      said Nationwide Mutual chief economist Kathy Bostjancic
    • 88:88
      Tariffs are about making America rich again and making America great again. And it’s happening, and it will happen rather quickly,
      Hindustan Times
      he said
    • 88:88
      Justin Trudeau
      I won't sugar coat it. This is going to be tough,
      Reuters
      Prime Minister Justin Trudeau told a press conference on Tuesday
    • 88:88
      Dave McKay (baseball)
      It will disproportionately affect the less fortunate economically,
      Reuters
      said Dave McKay, CEO of Royal Bank of Canada, the country's biggest lender
    • 88:88
      We are at an inflection point,
      Reuters
      said Randall Bartlett, Deputy Chief Economist with Desjardins