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Fall River CEO warns Trump’s trade war is backfiring on U.S. factories
['Rachell Sanchez-Smith', 'Lisa Mullins', 'More']
WBUR News
President Trump says new tariffs are meant to revitalize American manufacturing.
But the CEO of a Fall River linen company says they are hurting his factory.
John Matouk & Co. relies on raw materials from India that the U.S. doesn’t produce.
The company now faces a 50% tariff — upping its costs and threatening local jobs.
CEO George Matouk Jr. joins WBUR’s All Things Considered to discuss how the company is managing and what options they have going forward.
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