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[quote=Anonymous][quote=Anonymous]FAFO: Jay Allen is a fan of President Donald Trump, and voted for him on the belief that the Republican would cut taxes and trim regulations, helping his manufacturing business in northeast Arkansas.

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But the tariffs at the core of Trump's economic agenda have wreaked havoc on his company, Allen Engineering Corp., which makes industrial equipment used to install, finish and pave concrete. The import taxes have raised the costs of engines, steel, gearboxes and clutches made abroad that Allen needs to build power trowels that can sell for up to $100,000 each.

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Allen said he ran his company at a loss in 2025 because of tariffs. His payroll has fallen to 140 workers from a peak of 205. To get by this year, he has hiked prices by 8% to 10%, even though that might mean fewer sales.

"[b]What's really sad is the unintended consequences [/b]of his tariffs are hurting manufacturing in our country," said Allen. "Unfortunately, the working-class people are getting squeezed."

https://www.pbs.org/newshour/economy/trumps-tariffs-are-causing-harm-to-american-manufacturers-instead-of-benefiting-them

You would think someone with a manufacturing company would listen to actual...IDK economists.

:lol:  :lol:  :lol: [/quote]
+1

You would think that a business owner would understand that tariffs would increase prices.  This was not "unintended consequences ".  Anyone with half a brain knew this was going to happen.

Why do people continue to believe Trump is a great business man? He's only ever worked for himself (a company that his daddy help start).  He makes his money in real estate and royalties, hotels, golf resorts, not manufacturing.   He managed to bankrupt a few casinos (who the heck manages to do that).   He clearly had zero understanding of how tariffs would hurt American business owners.

And even if his business is also impacted by the tariffs, so what? He's making hand over fist off the American taxpayers.[/quote]

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