ICYMI: During yesterday’s hearing, Chairman @senorrinhatch heard from stakeholders about what current and potential tariffs have meant for their businesses. Check out highlights from their exchanges below:https://go.usa.gov/xPWTR
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Hatch: What is at stake with the prospect of tariffs? Schostek: Tariffs disrupt and distort the market…we see it as quite a threat.
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Hatch: What impact would auto tariffs have on your consumers? Gates: I think it’s devastating, I don’t think I can survive long term if this occurs.
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Hatch: What will the impact of additional tariffs be on your business, as well as the entire supply chain? Haughey: We’ve started delaying our growth…we've become very susceptible.
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Hatch: How dependent is your community on the health of the auto industry? Britt: If BMW can’t sell the number of vehicles that they have in the previous year…this ripples all across South Carolina…this is very serious and very dangerous.
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