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‘Businesses need certainty’: Dem Rep says Trump is HURTING American businesses with tariffs
MSNBC·2025-08-03 22:15

Trade Concerns & Impacts - President Trump's tariffs on Canadian imports, reaching up to 35%, particularly impact states bordering Canada and relying on open trade [1] - Tariffs are raising costs and weakening the supply chain, impacting companies, especially in Michigan [4] - The tariffs include 25% on automobiles and 50% on steel and aluminum [1] - Businesses need certainty, which has been lacking, hurting domestic auto manufacturers [12][13] US-Canada Trade Relationship - The trading relationship between Canada and the United States is deeply integrated, with both countries building things together [2][6] - Canada is a strong and loyal partner, but tariffs are turning them into enemies [13] - The USMCA still has serious problems, such as allowing China to build plants in Mexico and market vehicles as North American [14] Industry & Economic Effects - The auto industry is facing challenges due to the complexity of component parts coming from all over the world [10] - Some suppliers are in tight spots and may close due to the tariffs [8] - Ford Motor Company has gone public with the need for relief [8] - Some jobs have returned to Michigan plants, indicating a complicated issue [9] Potential Solutions & State Actions - Governor Whitmer is directing state offices to calculate and report the impact of tariffs on Michigan [4] - Michigan is seeking facts on consumer costs and supply chain impacts to develop common-sense trade policies [7][16][17] - Potential state-level policies could improve or reduce bureaucratic impact or tax laws [18]