Ga. Business Owners And Farmers Say Tariffs Are Causing Profits To Shrink

On Saturday, the White House said there would be a pause in a further increase of tariffs scheduled for Jan. 1, 2019.

LM OTERO / Associated Press file

Georgia businesses, farmers and manufacturers have paid more than $45 million in tariffs on imported goods so far this year, according to research by the Trade Partnership, a Washington, D.C.- based economic consulting group.

At a town hall in midtown Atlanta on Thursday, business owners and farmers said they are watching their profits shrink because of increased tariffs on Chinese goods bought into this country.

The increased tariffs are in response to President Donald Trump administration’s tariffs on steel and aluminum.