New Data Reveals Continuation Of Higher Tariff-Related Costs In Florida Compared To Last Year
Impacts Discussed at Town Hall with Florida Manufacturers, Brewers, Business Owners
JACKSONVILLE, FL – Florida manufacturers, brewers and business owners joined Tariffs Hurt the Heartland, a nationwide nonpartisan campaign against tariffs, at a town hall to unveil new economic data detailing the impact of tariffs on Florida’s economy. The data, compiled by the Trade Partnership, shows that tariffs cost Florida businesses almost $92 million in November 2018 alone, more than eight times the tariffs paid on those same products last year.
The town hall meeting, which took place at the Anheuser-Busch Brewery in Jacksonville, featured panelists representing numerous critical sectors of Florida’s economy, including small businesses, manufacturing, brewing and restaurants.
“In the world of hospitality, just about everything in a restaurant or hotel is subject to tariffs. We are one of the most competitive marketplaces in the world, so increased costs have to be passed on to producers and consumers. The uncertainty in world markets and economies does nothing to benefit the individual customer who we try to serve each and every day,” said Richard E. Turner, senior vice president of legal and legislative affairs of the Florida Restaurant & Lodging Association.
Since new tariffs were imposed, Florida businesses have paid an extra $303 million in import tariffs. Retaliatory tariffs from our trading partners have increased, making Florida less competitive.
Craig Tomeo, senior general manager of Anheuser-Busch’s Jacksonville brewery, expressed concern with how tariffs impact “our ability to operate and grow jobs here in the United States.” In Florida alone, trade supports more than 2.2 million jobs.
“Anheuser-Busch has called Florida home since 1969, and we’re proud to brew the great-tasting, high-quality beers that have satisfied beer drinkers for generations,” said Tomeo. “However, a tariff on aluminum is a tax that threatens jobs in the beer industry and raises the cost of brewing in the U.S. As a leading U.S. manufacturer and employer, we are hopeful that regulators and lawmakers will continue to examine the effects of the aluminum tariff and look for ways to reduce the impact on domestic brewers.”
The data released today is part of the Tariff Tracker that Tariffs Hurt the Heartland has launched in conjunction with The Trade Partnership, who compiles monthly data released by the U.S. Census Bureau and the U.S. Department of Agriculture. As part of the Tariff Tracker project, Tariffs Hurt the Heartland releases data on how individual states have been impacted by increased import tariffs and declining exports. Tariffs Hurt the Heartland is the nationwide, nonpartisan campaign opposing tariffs that is supported by over 150 trade associations from every industry. Tariffs Hurt the Heartland has been holding town hall meetings on the tariff impact of tariffs in communities across the country. The campaign is also airing ads across 11 states in the Midwest that describe the impact of tariff increases on consumers and has launched an interactive map tracking the tariff impact on American employers.