Trump tariffs bring more questions and fear to companies

Donald Trump’s story about applying new tariffs to products from the largest trade partner in the United States has caused a few months of uncertainty for business owners.

On Saturday, the president was blessed with his threat, ordered a new 25 % tax on shipments from Mexico and Canada, raising 10 % of the existing tariffs from China.

But it has not stopped the question.

“Is it a day, is it a political flex, or is it lasting for four years?” I asked Nicholas Palazzi, the founder of PM Spirits based in Brooklyn. He operates a business of 21 people importing and selling wine and spirits, and about 20 % of them come from Mexico.

Trump’s order has set a threat of the movement that the president has been discussing for several months, shocking cargo from the top three trade partners in the United States, which accounts for more than 40 % of the United States about $ 30 every year. I am.

Canadian oil and other “energy resources” face 10 %. But there would be no exception, otherwise, the White House said.

Mr. Trump said that customs duties are responsible for the promise of Canada and Mexico to deal with illegal immigrants and drug trafficking.

The measures will be enforced on February 4th, and according to the order, there will be “until the crisis is alleviated.”

If the plan was not surprising, they had a potentially surprising blow to many companies, especially North America. Three countries have been financially closely linked to the NAFTA at the time after several decades of free trade based on the treaty signed in the 1990s, and was known as NAFTA at the time, updated and renamed USMCA under the Trump administration. I did it.

The growth of USZcal in the United States, which was brought by companies like Palazzi, was part of this change.

Since 2003, the consumption of tequila and Mescar has increased by more than 7 % every year.

Since the 1990s, the trade between the United States and Mexico has increased by more than 4,000 %, and the president announced that the president announced after the president’s announcement that “all three countries would be severely harmful.” Ta.

For a few months, Paratch has asked a nervous question from a Mexican supplier. Mexico is generally a small family -run company, and if customs duties are extended, it may not be able to survive.

He said that 25 % of the taxes on the bottle of Mescal, Tequila, and Lamb were raised.

“This will definitely have a negative effect on business, but can you really plan? No,” he said. “Our strategy is a roll of punches, waiting and seeing what is going on madness.”

Economists say that the blow from tariffs can boost the economy of Mexico and Canada into economic recessions.

Prior to the announcement, Dan Kelly, the president of the Canadian Independent Corporate Federation, explained the approaching tariffs from the United States, anticipating retaliation, and said it was “existing” for many members.

“At first glance, the government understands that it has to respond in some way … but at the same time encouraging the government to pay attention,” he said. Fight the illness. “

Sophie Averen, the director of Mexico’s De Grandes Vinneeds de Francia, states that many Americans have a Mexican alcoholic brand and Modero Beer is actually owned by Belgian companies. I am.

Trump, which accepted tariffs as a tool to deal with issues far away from trade, rejected concerns about the US economy.

However, analysts have warned that this measure will consider growth, raise prices, and cost economic employment, according to the tax law.

Alcohol business people have struggled to get out of the after shock, including pandemic shadows and inflation.

Usually, small and medium -sized enterprises that have few financial cushions and suddenly swallow the cost of 25 % will be on the surface of confusion.

“I’m pretty frustrated,” said California -based importor Ben Scott. In Ben Scott, nine business Pueblo de Sauvol brings Mexico brands such as Marbien and Lalokura.

“In addition to paying a few more dollars for cocktails, there is a large cost that affects a lot of people, but this does not sound like a tragedy.”

Fred Sanchez is a small California -based importer based in Rewsetzlan, Mexico, like Agua del Sol, and has recently been working on transactions in New York and Illinoy. We have been pushing for many years to expand Bad Hombrew Importing, a small importer and distributor business.

However, his potential partner started hesitating because Trump’s tariff speech increased last year.

Now, instead of expanding, he is thinking of selling alcoholic stock and probably shutting down. He stated that he had little ability to absorb costly jumps and has little to raise the current economic price.

“25 % cannot be passed to consumers realistically,” he said.

Sanchez said that Trump could use tariffs as a tactic of negotiations and believe that tax could be short -lived. Nevertheless, the damage has already been made for his business.