The impact of Trump's tariffs
Business owners in the US and across the world on the impact of tariffs
Donald Trump鈥檚 decision to slap tariffs on global trade has sent the world reeling. Stock markets have tanked. Gloomy economists have hit the airwaves. Governments, their backs against the wall, have responded with either stoic resignation or threats of revenge.
But it鈥檚 business owners who find themselves at the centre of the storm.
Steve in Boston, USA, runs a company whose flagship product contains three Chinese parts. He鈥檚 concerned about the effect tariffs will have on his business and others at home.
鈥淭here are manufacturers all over the United States that are going to get hit really hard, even if their products are made in the USA,鈥 says Steve, 鈥渂ecause often the electronics or some of the small components within the products are made overseas.鈥
We鈥檒l also hear from business owners in Lesotho, India, Italy and Germany covering industries ranging from steel and spices to cheese and beer. Plus, two Republicans who voted for Trump disagree on whether his tariff policies are working for the American people.
鈥淭he atmosphere is not one that is fostering cooperation,鈥 says Barry in California. 鈥淚f anything the international community hates us right now and I don鈥檛 see how that鈥檚 going to keep my grocery bill down.鈥
Hosted by Mark Lowen.
A Boffin Media production with producer Sue Nelson in partnership with the 蜜芽传媒 OS team and producers Iqra Farooq, Ben Davis and Kira Fomenko.
(Credit: Florian in Germany. Credit: Florian)
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