While final tariffs and retaliatory actions are still taking shape, everyone in the pet industry shares concerns about how new policies may affect manufacturers, suppliers, distributors, and retailers. APPA wants to be there for our members in any way we can. This is why our regulatory & legal team has compiled recent resources regarding tariffs to help our members.
We want to hear from you! Please share your story with us, so that we can amplify your voice and work toward positive future outcomes for our industry.
On Monday, Trump announced his plans to place tariffs on pharmaceutical imports “within the next two weeks,” signing an executive order designed to boost drug companies’ manufacturing in the U.S. (Shannon Carroll, Quartz)
The U.S. Chamber of Commerce urges the administration to ease tariff burdens on small businesses by: 1) automatically exempting small business importers, 2) creating an exclusion process for companies proving tariffs threaten American jobs, and 3) exempting products not made or easily found in the U.S. (U.S. Chamber of Commerce)
President Trump said Sunday he would need to keep at least some tariffs on foreign goods in place to convince businesses to move production to the U.S. (Courtenay Brown, AXIOS)
U.S. manufacturing contracted for a second straight month in April as tariffs on imported goods strained supply chains, keeping prices at the factory gate elevated and encouraging some firms to lay off workers. (Lucia Mutikani, Investing.com)