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U.S. small manufacturers hope to benefit from tariffs, but some worry about uncertainty

  • The Trump administration announced new tariffs while releasing a list of exemptions, including polyethylene terephthalate, or PET resin, used for plastic bottles, which has confused many in the industry about its reasoning for exemption.
  • Reyes Holdings benefited from the exemption and is linked to lobbying efforts with ties to the Trump White House.
  • Senator Mitch McConnell expressed skepticism regarding Trump's tariffs, stating they may not benefit Kentuckians based on historical examples of tariff policies.
  • The lack of transparency in the tariff exemption process has raised concerns about potential favoritism towards politically connected firms and industries.
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  • 56% of the sources lean Left
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The Globe & Mail broke the news in Canada on Saturday, April 19, 2025.
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