This is a long post but please take the time to scroll through. This is the BEGINNING of the impact that tariffs are having on our economy. Everyone gets so caught up on will Manafort be found guilty, will Omarosa release another tape, what did Trump tweet, what did Rudy say. /1
But there are really important things that are going to cause makor long term damage occuring. So today I’m going to start focusing on that. This first thread will be about tariffs. /2
Yamaha Motor: $9,000,000 impact on U.S.-made boats exported to Canada and Europe starting next summer.
Based on a 25% U.S. tariff on engines
Newell Brands: $100,000,000 annualized impact. Includes Rubbermaid containers, Crock-Pot and Sunbeam appliances, and Graco infant gear