April 17, 2025 - 06:54
At a roundtable hosted by Gov. Tina Kotek, more than a dozen business leaders described a dire situation stemming from the ongoing repercussions of President Trump's tariff policies. These tariffs have created significant challenges for Oregon companies, leading to increased costs and supply chain disruptions that threaten their competitiveness in both domestic and international markets.
Business leaders expressed concerns that the financial strain is not only affecting their operations but could also lead to higher prices for consumers. They highlighted that many local businesses are struggling to absorb the costs associated with imported materials and goods, which have skyrocketed due to the tariffs. This situation poses a risk of passing these increased costs onto consumers, potentially leading to a broader economic impact in the region.
The leaders urged the governor to advocate for policy changes that could alleviate the burden of these tariffs. They emphasized the importance of supporting local businesses to ensure their survival and continued contribution to Oregon’s economy. The roundtable served as a crucial platform for discussing the urgent need for action to address these pressing economic challenges.
