November 21, 2024 — Donald Trump campaigned on a policy of aggressive tariffs intended to spur manufacturing in the United States and strengthen U.S.-based supply chains. Now that he’s been elected, some business groups are expressing concerns about how such changes would affect American industries.
National Retail Federation (NRF) Vice President for Supply Chain and Customs Policy Jonathan Gold told SeafoodSource the proposed tariffs are likely to pass major costs on to American consumers, who are already suffering from record inflation post the Covid-19 pandemic.