Trade war tariffs will cause sticker shock!
Family
Owned Nebraska Retailer
Says,
Tariffs Will Hurt Small Businesses!
At
an event in Washington today featuring small business owners, manufacturers and
a farmer harmed by tariffs, the owner of a Nebraska electronics and appliance
store represented the National Retail Federation and discussed how the growing
trade war will hurt his business and customers.
“We
couldn’t be more discouraged by this ongoing trade war and what it means for
our family owned company that has been in business for more than 70 years,”
said Ron Romero, an NRF member and owner of Schaefer’s TV and Appliance, an
independent retail business based in Lincoln, Neb. “We were only given a week’s
notice in some cases to prepare for this latest tariff onslaught that couldn’t
have come at a worse time as we approach the holiday shopping season, a very
important selling season of the year.”
“Tariffs
are taxes that will cause sticker shock for our customers and ultimately lead
to fewer sales and make it harder for us to grow and create jobs in our
community,” Romero said.
“The majority of the appliances we sell are assembled
by domestic manufacturers but rely on imported components that are being hit by
tariffs.
It simply doesn’t make sense why Washington is making it more
expensive to produce goods here in the United States. That will only mean
higher costs for American families and small businesses like mine.”
Romero
said the latest round of tariffs announced by the administration would lead to
price increases passed on to consumers for dishwashers, refrigerators and other
appliances in his stores, which employ more than 90 Nebraskans.
Romero
spoke at a “Trade Builds America” forum co-sponsored by the National Retail
Federation, Freedom Partners Chamber of Commerce, Americans for Prosperity, the
U.S. Chamber of Commerce, the Coalition of American Metal Manufacturers and
Users, Farmers for Free Trade, the North American Association of Equipment
Manufacturers and the Retail Industry Leaders Association.
NRF
and more than 100 organizations recently launched a multi-industry coalition
—Americans for Free Trade — aimed at opposing tariffs. The new coalition is
coordinating with Farmers for Free Trade in a multi-million dollar national
campaign known as Tariffs Hurt the Heartland, which is focused on amplifying
the stories of American businesses, farmers and workers harmed by tariffs.
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