Timmons: As tariffs hit, manufacturers brace for impact – Rio Grande Guardian

Timmons: As tariffs hit, manufacturers brace for impact – Rio Grande Guardian

Needless to say, today’s announcement (by President Trump of tariff increases) was complicated, and manufacturers are scrambling to determine the exact implications for their operations. The stakes for manufacturers could not be higher. Many manufacturers in the United States already operate with thin margins. The high costs of new tariffs threaten investment, jobs, supply chains, and, in turn, America’s ability to outcompete other nations and l…