Cars, technology, agriculture: the American industry rebels against Trump's homework

The rebellion in figures: in all 874 billion dollars in merchandise have already been hit or threatened by the "wall" tariffs raised by Trump, which often also harm businesses and consumers
Americans with similar imports live and thrive, and at least 75 billion US-made exports are being retaliated.
Under siege are the pillars of the business ranging from cars and components to agriculture and food, from retail to producers
cans, technology to clothing. The repercussions are so widespread that the US Chamber of Commerce sums up
map that covers the whole country the cost evolution, state by state, with the ranking of the most affected, at the guided time
from Alabama, Michigan, Pennsylvania, South Carolina, Texas and Wisconsin.

Cars

The Alliance of Automobile Manufacturers, representing major US and global manufacturers, reports damages of 20 to 25%
which would hit Europe and Japan first. Jennifer Thomas, Vice President of Federal Government Affairs, listed 14
US and international houses operating 45 plants in 14 states, supporting more than 7 million workers with 500
billions of annual salaries and 200 billion taxes paid. A reality that contributes 3.5% of GDP and invests 20
billions per year in research. The rights, which would make a car 6 thousand dollars imported and a car built on the spot
of 2 thousand, would be a huge tax of 83 billion on consumers, with cascading effects on the economy and the potential
loss of 600 thousand places, 10% of the total. Ann Wilson of the Motor & Equipment Manufacturers Association, which she represents
suppliers, adds that the 871,000 workers in its sector would also be at risk, eroding competitiveness and investment.

Tech
Jorge Castaneda, spokesman for the Information Technology Industry Council, condemns the ongoing escalation against parts and products
Chinese technology and recalls the recent position of the deputy director of the badociation Josh Kallmer: Danneggono
consumers and businesses, labor costs. The biggest impact has been estimated on popular products like computers, phones
and thermostats. And manufacturers of small and medium-sized equipment, whose profit margins and manufacturing are more limited in China, would suffer
in particular: JLab Audio, which produces headphones and speakers, evaluates backlashes on 70% of its activity. Sonos (speaker) fears
sales pressures in his recent filing for registration.

Retail
Bethany Aronhatl of the National Retail Federation quotes an estimate from the badociation that sees the first 50 billion tariffs against
China, between July and August, and the parallel retaliation to reduce by US $ 3 billion US GDP and eliminate 134 thousand jobs. l & # 39; entry
in force other sanctions on a hundred billion badets would destroy 455,000 additional jobs and 49 billion GDP. the last
Huge list of Chinese products in the sights, for 200 billion, an irresponsible act, a boomerang that consumers can not
To avoid, Nrf Deputy Director David French has recently scolded. A television made in China, for example, will cost 23%
more The retail sector supports one out of every four jobs in the country, 42 million, and contributes 2,600 billion a year to GDP.

Agriculture
The agricultural sector is one of the most threatened by US countermeasures: the Trump administration is not ready at home
announce help – we are talking about $ 12 billion – to mitigate its impact. The American Farm Bureau Federation, for
the mouth of Texas head Russell Boening, not a tender of offers with China or the allies, but warns that the trade war
in all, many farms and livestock companies, today 2.1 million, 99% belonging to the family. Boening
sees its own crop threatened: 46% of the cotton exported to China comes from Texas. With other products in danger,
from soy to pork, the manager points out how a quarter of farm income comes from exports, which is true
135 billion a year and generates a surplus. Estimates reveal that existing tariffs could erode income by 6.7% and eliminate
67 thousand jobs in the sector, with other sanctions on a hundred billion that would cancel 15% of revenues and 181,000 jobs.

Metals and Cans
The Aluminum Association, said CEO Heidi Brock, opposed to actions that alienate the Allies and traumatize the
supply chains on which 97% of jobs depend, 162,000 with a frame of nearly 700,000. And can manufacturers
The Institute recalls steel and aluminum imported largely to make 119 billion cans
daily, with metal rights that cost the industry $ 1.1 billion.

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