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U.S. small manufacturers hope to benefit from tariffs, but some worry about uncertainty

  • The White House released a list of exempted products from new tariffs, including PET resin used for plastic bottles, but the reasons for exemptions are unclear.
  • Reyes Holdings, a Coca-Cola bottler, benefited from the exemption, potentially due to lobbying efforts, but it's uncertain if lobbying influenced the decision.
  • Concerns arose as the tariff exemption process has been opaque, leading critics to worry about politically connected firms gaining advantages.
  • Senator Mitch McConnell expressed skepticism about Trump's tariffs, stating they have historically not benefited Kentuckians, calling the strategy 'bad policy'.
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Paint manufacturer AkzoNobel, with brands such as Flexa and Sikkens, says it is largely shielded from the import duties of US President Donald Trump because it produces and purchases locally. However, the company says it could feel an impact from weaker consumer demand due to the economic uncertainty caused by Trump's trade policy.

·Apeldoorn, Netherlands (Kingdom of the)
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Bias Distribution

  • 56% of the sources lean Left
56% Left

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The Globe & Mail broke the news in Canada on Saturday, April 19, 2025.
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