Small business owners across America are telling similar stories. Caught in the crossfire of a global trade war, tariffs are crushing their bottom lines, limiting their growth, and driving up prices for consumers. Their stories need to be heard – and National Taxpayers Union is leading the charge to amplify their voices with The Tariffs Report.
Consider Auratone, a Tennessee-based family business making speakers since 1958. Although its products are assembled in the U.S., some necessary components must be imported. As tariffs drove up those costs, the company faced an unthinkable choice: relocate production abroad or absorb punishing losses. Alex Jacobsen, the founder’s grandson, wants to preserve Auratone’s American legacy, but tariffs may leave him no choice.
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