#tariffs

#tariffs

Cork-based indigenous pharmaceutical manufacturing companies have said that they are now having to establish new plants in the United States in a bid to protect jobs at home, in light of Donald Trump's ongoing aggressive tariff policy.

When tariffs started increasing last year, some of my founder friends were able to source materials from Vietnam or Mexico, but shifting production wasn't a practical option for us.

Our industry thrives in a zero-for-zero tariff environment. While distillers recognize the administration's efforts to address trade imbalances, the provincial bans have been especially damaging.

"Having lost the battle on IEEPA, the President now dusts off a separate statute: Section 122 of the Trade Act of 1974, which is another statute that has never been used to impose tariffs."

In 1975, bananas cost 23.2 cents per pound, which would be $1.46 in 2026 money. As of March 2026, the average price of bananas is about 66 cents per pound.

"We're having to cut off projects that we really want to do," said Cox, who lives with his wife in Charleston, South Carolina.

Both companies face shared headwinds: reciprocal tariff impacts running at roughly 5 percentage points of margin pressure, softening European demand, and a fiercely competitive solar inverter market.

Brian Riley's journey into the bike business began with a traumatic family experience when his grandfather had a serious accident while riding. This incident inspired him to create a safer braking system for bicycles, leading to the development of SureStop brakes, which allow for simultaneous braking of both tires with a single lever.

The lawsuits argue that the shipping companies never should have charged the fees in the first place, and that the shippers, not the government, owe the customers.

He has brought up tariffs for the movie and television industry many times, and I've hopefully talked to him the way out of them. Healthy incentive programs attract a lot of production, and you've seen a lot of them move from California to Georgia to New Jersey. Having the incentives versus tariffs is much better.