With tariffs set to increase on imports from Canada, Mexico, and China on March 4, Utah leaders are seeking ways to lessen the impact on businesses. Rep. Blake Moore predicts the administration may get more aggressive with China. Companies like Varex Imaging are challenged in diversifying suppliers due to regulations on medical devices. Stockpiling materials from countries facing tariffs is a strategy being utilized by Varex Imaging. Philip Poel of Traeger Grills advises caution, as tariffs could potentially be revoked in the future. World Trade Center Utah is collecting feedback from businesses anonymously to support them in navigating the tariff changes. Public comments on the tariffs must be submitted by March 7. Businesses are encouraged to provide input through the World Trade Center Utah to address the challenges they are facing. This support aims to help Utah businesses navigate and manage the impacts of incoming tariffs.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
