• Massachusetts companies fear higher costs, business declines as a result of Trump tariffs, says trade association

  • Apr 3 2025
  • Duración: 5 m
  • Podcast

Massachusetts companies fear higher costs, business declines as a result of Trump tariffs, says trade association

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  • Brooke Thomson, president & CEO of Associated Industries of Massachusetts, says some manufacturers are predicting their costs will increase by millions of dollars per year due to the higher price of importing raw materials and supply chain disruptions. Some companies report customers are already canceling projects, while employers are also slowing and freezing hiring due to the volatile economic outlook.
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