| | | Nail Manufacturing Exec Voted For Trump And Now Has To Lay Off His Employees, Wants Democrats Help
BY NICOLE JAMES
JUNE 23, 2018
According to The New York Times, an executive for the largest nail producer in the U.S. who voted for Donald Trump said he is so upset by Trump’s trade policies that he is lobbying a Democratic senator for help.
George Skarich, vice president of sales for Missouri-based Mid Continent Nail Corporation, said that his nail company could soon go out of business.
“He ran on ‘Make America Great Again,’ and the point was to defend and protect jobs in the United States,” Skarich said.
“Now here is an action he decides to take that has the potential to cost 500 U.S. citizens their jobs,” he added, referring to the 25 percent tariffs on steel imports that Trump announced in March.
The tariffs, Skarich said, prompted his company to have to raise its prices by almost 20 percent. Skarich said that his company’s orders have dropped by half this month, facing stiff competition from cheaper foreign manufacturers.
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The company has reportedly cut 60 jobs and might cut up to 200 more in coming weeks. Skarich said he blames Trump for the layoffs.
From the Times:
Mid Continent, the largest American producer of nails, imports steel from Mexico to make its nails. That steel is now subject to the 25 percent tariffs that Mr. Trump imposed on dozens of countries, forcing Mid Continent to raise its prices by nearly 20 percent.
Orders have plummeted by 50 percent this month as the company tries to compete with cheaper foreign-made nails. Those foreign manufacturers are not facing higher steel costs, giving them an advantage over Mid Continent.
Because of the tariffs, Skarich said he is lobbying Democratic Sen. Claire McCaskill for help.
In March, Trump implemented tariffs of 25 percent on imported steel and 10 percent on imported aluminum. On Friday, he threatened, in a tweet, to unilaterally impose a 20 percent tariff on European cars.
SUCKERS!!!!!!!!!!!!!!!!!!!!!!!!!!!! |
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