Tariffs are taxes on everyday Americans, and pro-growth trade policies keep the U.S. equipment manufacturing industry strong and workers employed. While the Trump administration is doing a lot to highlight China’s unfair trade practices, it's safe to say tariffs aren’t going to fix the problem.

AEM President Dennis Slater recently appeared as a guest on "Upfront" -- a Sunday morning public affairs program on WISN-TV in Milwaukee -- to discuss how a recently released tariffs report from AEM found the $265 billion in tariffs put into place by President Trump and his administration will:

  • Cost the U.S. GDP $290 billion over 10 years
  • Cost more than 20,000 jobs in the industry across the course of a decade
  • Suppress American job gains by 260,000 over the course of 10 years
  • Result in higher costs for consumers and a reduction of $23 billion a year in real consumer spending

Check out the video below or watch it here

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