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Trump tariffs bring more questions and fears for businesses | Global News Avenue

Trump tariffs bring more questions and fears for businesses

Nicolas Palazzi of Doug Price PM SPITSDoug Price

Donald Trump talked about receiving new tariffs on new products to the largest trading partner in the United States, which brought corporate owners for several months of uncertainty.

On Saturday, the president made a good attitude towards him, ordered a 25 % tax of 25 % of the goods from Mexico and Canada, and increased the existing tariffs of Chinese goods by 10 %.

But this did not stop the problem.

“Is this day’s political elasticity or can it last for four years?” Asked Nicolas Palazzi, the founder of PM Spirits, Brooklyn, Brooklyn. He operated a 21 -person business to import and sell wine and spirits, about 20 % of which came from Mexico.

Pour into the Getty image bottle of MesscarGetty image

Trump’s order constituted the threat of the President’s discussion for several months, which was shocked in the top three trading partners in the United States. The partner accounted for more than 40 % of about 3TTN products imported from the United States each year.

Canada’s oil and other “energy” will face 10 % lower. But otherwise, the White House said that there will be no exception.

Trump said tariffs are designed to make Canada and Mexico responsible for solving the commitment of illegal immigrants and drug trafficking.

According to the order, these measures will take effect on February 4 and will maintain a “alleviating crisis.”

If the plan is not surprising, they still have an amazing blow to many companies, especially North American companies. Under a treaty signed in the 1990s, the three countries were economically closely related to the economy. At that time, they were called the North American Free Trade Agreement and renamed and renamed USMCA under the leadership of the Trump administration.

The growth of Mescar has always been part of this transformation from the United States brought by companies such as Palazzi’s.

According to the spiritual committee of the Trade Group’s distillation, since 2003, the consumption of liquor and Meescar has increased by about double, and it has doubled at a rate of more than 7 % each year.

The organization said that since the 1990s, the spiritual trade between the United States and Mexico has soared by more than 4,000 %.

For a few months, Palazzi has been asking his tension in Mexican suppliers. They are usually small family companies. If tariffs are extended, they may not survive.

He said that if it persists, the 25 % tax of Meescal, the 25 % tax of the liquor and Raman will increase the price-sales will decline.

He said: “It will definitely have a negative impact on the business. But can you really plan it? No.” “Our strategy is rolling, wait and see to see and adapt to any crazy development.”

Economists say that tariff blows may fall in a decline in Mexico and Canada’s economies.

Prior to the announcement of the news, Dan Kelly, chairman of the Canadian Independence Enterprise Federation, described the imminent tariffs of many members of the United States and expected to be “existed”.

He said: “Look, we know that the government must respond in some way … but at the same time, we urge the government to act with caution,” he compared the import tariffs with chemotherapy: “It is for your own own, Human poisonous gas can try to fight the disease. “

“Sophie Avernin, director of Degrandesviñedosde Francia, said,” It will have an impact everywhere. “

Trump (Trump) accepted tariffs as a tool to solve the problem of being away from trade, and he rejected any concerns about any damage to the US economy.

However, analysts warned that according to the estimates of the Tax Foundation, these measures will increase their growth, increase prices and lose economic employment opportunities-about 286,000 instead of revenge.

Those who are engaged in alcohol business said that the industry has stood out from the hardships and subsequent shocks (including inflation), including inflation, which has prompted many Americans to reduce dining and drinking.

Smaller companies usually fall into the ability of a cost of 25 % of the cost of losing 25 % and the ability to suddenly swallow by 25 %.

“I am frustrated.” California’s importer Ben Scott said: “I’m frustrated.

“In addition to paying more money for cocktails, only huge costs will affect many people, which sounds like a tragedy.”

Fred Sanchez (Fred SanchezBad Hombre imported

Fred Sanchez has spent many years to expand his business. Bad Hombre iTCounting is a small importer in California and the distribution of Mexican agave wines and other distributions. People, such as Agua Del Sol, and recently traded in New York and Illinois.

However, as Trump’s tariff conversation intensified last year, his potential partners began to hesitate.

Now he is considering selling his wine stocks and may close. He said that he had almost no ability to absorb cost growth, and almost did not increase the scope of current economic prices.

He said: “25 % is not what we can pass to consumers in reality.”

Sanchez said he believes that Trump may use tariffs as a negotiation strategy, and taxation may be short. Nevertheless, as far as his business is concerned, damage has been caused.

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