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At manufacturing summit, CT businesses highlight tariff concerns
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Connecticut News and In-Depth Reporting | CT Mirror
With a shifting international trade landscape and unexpected federal policy announcements, tariffs are top of mind for Connecticut’s manufacturing sector.
National trade policy complicates operationsIn recent months, the Trump administration has pursued sweeping tariffs, raising import taxes on goods brought in from numerous countries.
In a survey of Connecticut manufacturers CBIA released Thursday morning, 66% of manufacturers said tariffs were affecting their work negatively.
Currently, there are 4,591 manufacturing companies in the state according to the manufacturing survey.
“This year’s report highlights both the enduring strengths and the pressing challenges facing Connecticut manufacturing,” Chris DiPentima, CBIA’s president, said in a press release.