510,000 USD Sharpening Machine Plus 70,000! American Business Owner Rants at the White House: Regret Supporting Him Before!
American media Fortune reported that when the founder of Montana Knife Company, a staunch supporter of Trump, paid 515,000 USD for a German-imported sharpening machine, he never imagined that an tariff policy would directly deduct another 77,250 USD from his account - equivalent to a 15% punitive tariff on the total price. This is not an isolated incident, but a heavy blow to the heart of American manufacturing.
Analysis shows that operating costs of American factories are experiencing significant growth of 2% to 4.5%. Jordan Manufacturing, a family-owned business located in Belding, Michigan, which supplies Amazon, automotive giants, and aerospace companies (founded in 1949), saw the price of its core raw material steel coils surge by 5% to 10% in 2024. President Justin Johnson admitted, "We are being squeezed from all sides. Steel tariffs have increased costs at every stage, from parts to finished products."
The Fort Worth Business Journal once reported that a small equipment manufacturer in Texas had to lay off 15% of its staff due to a sharp increase in tariffs on European special steel imported. The tariff shield failed to block competition, but instead crushed their shoulders.
Former supporters of Trump have realized the truth in front of the tariff bill. The founder of Montana Knife Company angrily told reporters, "We were betrayed by the policies we supported!" When "patriotic tariffs" become a noose around the necks of businesses, even the most loyal supporters of the White House began to question: When waving the trade stick, did the White House ever calculate the lost profits and jobs on the production lines of domestic factories?
Original article: https://www.toutiao.com/article/1839489243539463/
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