Trump's trade policies hit Saratoga Springs company hard
July 06, 2018 08:24 AM
President Trump's trade war is heating up and it is starting to hit close to home. Quad Graphics in
"If the cost goes up and our customers decide to cut back the demand, we're not going to need to run those presses as often and our employment will have to go down," said Pat Henderson, the director of government affairs for Quad.
The preliminary tariffs began in January and
"Since these have been put in place, the price of this kind of paper has gone up $150 a ton. Quad buys 600-thousand tons a year," said
Speaking to employees at Quad on Thursday, Senator Chuck Schumer is vowing to try to stop the new duties from becoming permanent next month.
"Tariffs are supposed to help jobs in
Schumer says only about a third of the nation's demand for the paper is produced domestically and there is little hope of that changing. He says the ripple effects could be huge.
"There are 17,000 newspaper jobs in
The two states hit hardest by this new tariff are
Updated: July 06, 2018 08:24 AM
Created: July 05, 2018 06:24 PM
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