Bay Area business owners worry about impact of proposed Trump tariffs

  • 📰 abc7newsbayarea
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

15558093 News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

According to some estimates, the proposed tariffs could cost the average American household around $2,600 per year.

While nothing has changed yet, the Trump's tariff proposals are worrying many Bay Area business owners.As part of his re-election campaign, President-elect Donald Trump has promised a major rise in the nation's tariffs.

McCrum owns an Italian wine and spirits import business in Berkeley. He worries if the tariffs become reality, they could severely impact his business.McCrum tells me to try and offset some of potential harm, he's already starting ordering months worth of product. A move he hopes, will save him money if tariffs go up next year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 529. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines